(Source: Reuters)

Onex Corp (OCX.TO), the Canadian private equity firm, sees potential for acquisitions in U.S. commercial real estate, but does not plan to use much of its C$4 billion warchest to invest in it.

Onex Managing Director Andrew Sheiner told investors on Thursday that the company, whose investments range from cosmetics to gaming, hoped to take advantage of a looming crisis in the business of leasing U.S. office space.

Read the full article “Canada’s Onex eyes U.S. commercial real estate” at Reuters (Sept 24, 2009).

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