Onex/Summit/BBAM
Transaction details
The proposed acquisition of joint control of BBAM Limited Partnership by Onex Partners III LP and Summit Aviation Partners LLC has been cleared by the Competition Authority.
Case details
- Notification date:30 November 2012
- Publication date:30 November 2012
- Economic sector:Administrative & support services - O
- Economic sub-sector:Rental & leasing - O.77
- Outcome:Cleared
Documents
M.12.026 Merger AnnouncementPDF | 44 KBM.12.026 Merger Announcement PDF | 44 KB - Opens in new window
M.12.026 DeterminationPDF | 88 KBM.12.026 Determination PDF | 88 KB - Opens in new window
Timetable
Parties Involved
Onex Partners III LP
Onex is a Canadian-based corporation listed on the Toronto Stock Exchange which invests in companies through a number of private equity funds.
Summit Aviation Partners LLC
Summit is a limited liability company incorporated in Delaware, USA, owned by management of the Target. Summit owns 85% of the equity of the Target, and ownership of the Target is Summit's primary investment and business activity.
BBAM LLC
BBAM operates in commercial aircraft leasing, financing and management, providing over 200 airline customers in approximately 50 countries with fleet and financing solutions since 1989.
Contacts
