Air Canada offers to buy Transat Airline for $387 million

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Canada’s largest airline said on Thursday it is in exclusive talks to buy the parent company of leisure carrier Air Transat in an all-cash deal valued at C0 million (7.5 million), marking.

Canada’s largest airline said on Thursday it is in exclusive talks to buy the parent company of leisure carrier Air Transat in an all-cash deal valued at C$520 million ($387.5 million), marking the second aviation deal in Canada this week. Air Canada shares were up 1.7%. Air Canada’s plan to

Air Canada has announced its intention to buy rival airline Air Transat, in a deal worth around $520 million. Air Canada announced the.

Canada’s largest airline said on Thursday it is in exclusive talks to buy the parent company of leisure carrier Air Transat in an all-cash deal valued at C$520 million ($387.5 million), marking. a.

Transat A.T. Inc’s board of directors has approved Air Canada’s takeover offer valued at $520 million, but several hurdles remain before the transaction can be approved, including concerns about competition. The deal, announced Thursday following a 30-day negotiating period, will see Air Canada.

Air Canada has entered into talks to buy Montreal-based travel company transat in a deal valued. and from which we carried 10 million customers in 2018 alone.” Air Canada is the country’s largest.

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MONTREAL — The board of directors of Transat AT Inc. has approved a $520-million. flights, higher passenger volumes and more efficient use of aircraft. "Becoming a part of Air Canada would.

Canada’s flagship airline air canada announced thursday it has reached a deal to buy tour operator Transat for Can$520 million (US$396 million) in cash or Can$13 per share. The deal unanimously supported by Transat’s board still requires regulatory and shareholder approvals. In accepting Air

MONTREAL – Quebec’s securities tribunal has barred a developer’s offer to buy. airline upped its takeover offer by $200.

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Canada’s largest airline said on Thursday it is in exclusive talks to buy the parent company of leisure carrier Air Transat in an all-cash deal valued at C$520 million ($387.5 million), marking. a.

(Bloomberg) — Air Canada said it’s in exclusive talks to buy one of the country’s largest travel tour operators, Transat A.T., for about C$520 million ($387 million) amid a wave of consolidation in the Canadian airline industry.