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. This report by The Canadian Press was first published Nov. 13, 2026.
