10:55 AM EDT, 08/23/2024 (MT Newswires) -- Onex ( ONEXF ) on Friday said that it, together with sports and entertainment company AEG, have closed the sale of ASM Global, to Legends, a premium experiences company. The sale was first announced last November. Financial terms were not disclosed.

"We are pleased to complete our investment in ASM after having partnered with its management team and with AEG to expand the business, successfully navigate the pandemic and position it for future success," said Kosty Gilis and Amir Motamedi, Managing Directors at Onex Partners. "We are confident Legends will deliver continued growth and differentiated services to its clients around the globe in the years ahead."

Onex ( ONEXF ) was last seen up $0.15 to $93.13 on the Toronto Stock Exchange.

Price: 93.20, Change: +0.22, Percent Change: +0.24