Air Canada raises Air Transat bid, secures key shareholder approval

Credit: Rob Finlayson
Air Canada increased its bid for Air Transat , garnering support from the acquisition target’s largest shareholder and increasing the chances the tie-up will be approved later this month. The new purchase price of C$18 ($13.60) per share boosts Air Canada’s total bid to C$720 million. The original...
Sean Broderick

Senior Air Transport & Safety Editor Sean Broderick covers aviation safety, MRO, and the airline business from Aviation Week Network's Washington, D.C. office.

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