Onex Corp. (OCX.T) plans to sell The Warranty Group, a provider of extended warranties, and has hired Morgan Stanley to assist in finding a buyer, Reuters reported Tuesday, citing two people familiar with the matter.

The people told Reuters that The Warranty Group is expected to be sold for more than $1 billion.

Full story at: http://uk.reuters.com/article/2013/09/17/uk-warrantygroup-onex-idUKBRE98G0X520130917

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