Air Canada offers to buy Transat Airline for $387 million

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 (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. a.

 · The board of directors of Transat AT Inc. has approved a $520-million takeover offer by Air Canada, but the deal faces legal and regulatory scrutiny along with resistance from major Transat.

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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 Transat Bid Takes Twist With Higher Mach Offer. Jun 4, 2019. world. Air Canada in Talks to Buy Transat Airline for $387 Million. May 16, 2019. Air Canada in Talks to Buy Transat.

Air Canada has entered exclusive negotiations to acquire Transat AT, the. is valued at C$520 million ($387 million) or C$13 per Transat share, and will. The deal includes Transat's accommodation and travel package. The airline has a fleet of 39 in-service aircraft, Cirium's Fleets Analyzer shows.

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

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MONTREAL – Air Canada and Transat A.T. Inc. have announced a deal valued at $520 million that should see Air Canada buy Transat A.T. Inc., however some of Transat’s biggest shareholders have.

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

 · Updated news: "Air Canada to buy Transat for $13 a share"—–"Air Canada in exclusive talks to acquire Air Transat. Air Canada’s interest in buying rival Transat AT Inc. for about $520 million is getting positive feedback from industry watchers and stock traders."

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.