The Canadian government has approved Air Canada’s takeover of vacation specialist Transat AT, subject to numerous conditions. The two companies, which announced the deal in August 2019 and had ...

Air Canada has called off a proposed deal to acquire Air Transat after it became clear the move would not be approved by the European Union. The flag-carrier and Transat had originally agreed in ...

Air Canada said the decision to cancel the takeover was mutual, and it will pay $12.5-million to Transat as a termination fee. The end of the deal means Transat is free to seek another buyer or ...

The two Montreal-based carriers stated on 10 October that Air Canada will now acquire all shares of Transat for C$5 ($3.81) per share, payable at the option of Transat shareholders in cash or ...

Transat’s largest shareholder wants to go it alone Quebecor owner Mr. Péladeau had also offered $5 per share for Air Transat in conjunction with Air Canada’s offer of the same amount. Initially, ...

The flag-carrier will now acquire all shares in the smaller airline for C$5 each, payable to shareholders in cash or shares of Air Canada at a fixed exchange ratio of 0.2862 for each Transat share.

Air Canada and Transat had agreed in June 2019 on the acquisition. Photo by Cole Burston/Bloomberg Air Canada scrapped its proposed acquisition of Transat AT Inc on Friday after being advised by the ...

Air Canada announced the purchase on Thursday. A press release said that it will buy all all issued and outstanding shares of Transat AT, which owns Air Transat, for $13 per share.

Air Canada is in exclusive negotiations to buy the company that owns Air Transat, the two companies say. The proposed deal would value Transat at $13 per share, a 22 per cent premium from the $10. ...

For decades, many flight attendants in North America weren’t paid for ground work. The Air Canada strike marks a shift.

Air Canada will spend more to buy Transat A.T. Inc., the airline announced Sunday, saying it has upped the total offer by $200 million to win the support of the tour company's largest shareholder.