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Air Canada offers to buy Transat Airline for $387 million

Air Canada. then or the airline doesn’t like the terms on the table, talks with other suitors could begin. The exclusivity agreement also states that if Transat walks away from the deal for a.

Why Transat’s best bet is Air Canada’s offer to buy it for $520 million List of Transat AT suitors grows longer as another Quebec businessman expresses interest in buying it Onex’s WestJet deal to.

Air Canada has entered exclusive negotiations to acquire Transat AT, the. is valued at C0 million (7 million) or C$13 per Transat share, and. Air Canada says it has the funding required to complete the deal, which. The airline has a fleet of 39 in-service aircraft, Cirium's Fleets Analyzer shows.

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.

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 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.

Air Canada says its is buying rival Air Transat in a $520 million deal. An Air Canada plane at Toronto's Pearson International Airport. Roberto.

Canada's flagship airline Air Canada announced Thursday it has reached a deal to buy tour operator Transat for Can$520 million (US$396.

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Group Mach Inc. went public on Tuesday with a conditional offer of $14 a share for Transat. Air Canada has been in exclusive talks since May 16 to buy the company for $13 a share, or $520-million.

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.

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Canada's flagship airline Air Canada announced Thursday its intention to buy. Transat in a deal valued at Can$520 million (US$387 million).