← Back to front page
Americas · General news · Toronto Star

Onex reports US$97M third-quarter profit, up from US$39M a year ago

Published by Toronto Star · Canada 8 h ago
The Onex Corp. logo is displayed at the company’s annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette NSD
The Onex Corp. logo is displayed at the company’s annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette NSD · Toronto Star

Detailed summary

TORONTO - Onex Corp. reported a third-quarter profit of US$97 million, up from US$39 million in the same quarter last year.

TORONTO - Onex Corp. reported a third-quarter profit of US$97 million, up from US$39 million in the same quarter last year.

The Toronto-based private equity firm, which keeps its book in U.S. dollars, says the profit amounted to US$1.28 per diluted share for the quarter ended Sept. 30.

The result compared with a profit of 57 cents US per share in the third quarter of 2025.

Onex CEO Bobby Le Blanc says the company delivered a solid third quarter with significant achievements across its platforms.

Onex says it had about US$9.6 billion of investing capital as of Sep. 30, up from US$9.5 billion at June 30 and US$8.7 billion at the end of 2025.

Earlier this year, Onex completed its deal to buy Convex Group Ltd., a specialty property and casualty insurance and reinsurance business, in partnership with American International Group Inc.

Opening of the article, excerpted from Toronto Star. To read the rest, open the article on the publisher's site.

Read the full article on Toronto Star Sign in to save

MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.thestar.com)

Also worth reading