Air Canada offers to buy Transat Airline for $387 million

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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.

Canada’s flagship airline Air Canada announced Thursday its intention to buy tour operator transat in a deal valued at Can$520 million (US$387 million). A statement said Air Canada is holding.

Air Canada offers to buy tour operator Transat for $520 million The airline said in a statement it was prepared to pay $13 a share for Montreal-based Transat, a 23 per cent premium to the company.

Air Canada said on Thursday that canadian tour operator transat AT Inc accepted its all-cash bid of $520 million (US$396 million), but some Transat shareholders want more and must approve the.

(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 C0 million (7 million) amid a wave of consolidation in the Canadian airline industry.

Air Canada has reached a deal to buy. airline and tour operator Transat said it had agreed to 30 days of exclusive talks.

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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 (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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Canada’s flagship airline Air Canada announced Thursday its intention to buy tour operator Transat in a deal valued at Can$520 million (US$387 million). A statement said Air Canada is holding exclusive 30-day talks with Transat, which announced last month it had been solicited by several parties

Buy airline tickets, find cheap airfare, last minute deals and seat sales with Air Canada. Book hotels, cars and vacations with Air Canada Vacations. Air Canada – The Official Website

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 deal is worth $520-million, and if approved, would allow Canada’s largest carrier to take over the third-largest. In May, Air Canada said it had entered exclusive talks to buy. its offer to.