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WestJet to go private in $3.72 billion deal

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WestJet Airlines

Canada's WestJet Airlines said on Monday it will be acquired by private equity firm Onex Corp in an all-cash deal valued at C$5 billion ($3.72 billion), including debt.

Under the terms of the agreement, WestJet shareholders will receive C$31 for each share held.

(Reporting by Debroop Roy in Bengaluru; Editing by Arun Koyyur)

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