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Air Canada offers to buy Transat Airline for $387 million

Canada's largest airline secured Transat board approval for the $13 a share deal. Transat bid takes twist as Quebec developer tops air canada offer · Why Transat's best bet is Air Canada's offer to buy it for $520 million · Air.

May 16 (Reuters) – Air Canada. 387.51 million) to create a Montreal-based global travel services company. As part of the deal, Transat shareholders will receive $13 per share. The deal comes days.

Air Canada has entered exclusive negotiations to acquire Transat AT, the parent of Montreal-based leisure carrier air transat. canada’s largest carrier said on 16 May the proposed transaction is.

Air Canada will take over Air Transat in a deal valued at $520 million, or $13 per share.. they announced a deal that would see Air Canada buy Transat A.T. Inc. for $13 per. While the merger of the two Montreal-based airlines has the. pay $15 million to Air Canada, depending on why the deal fell apart.

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The board of directors of Transat AT Inc. has approved a $520-million takeover offer by Air Canada, but the deal might have trouble taking off if major shareholders who have expressed disapproval.

The acquisition would merge two Quebec-based Canadian airlines.. outstanding shares of Air Transat, valued at just under 7 million usd ($520. It does not offer a true premium class, just recliners with 36-inch legroom.

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.

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 · 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.

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 (US$387 million) amid a wave of consolidation in the Canadian airline industry. The country’s largest airline said in a statement it was prepared to pay C$13 a.

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 (US$387 million) amid a wave of consolidation in the Canadian airline industry. The country’s largest airline said in a statement it was prepared to pay C$13 a.

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