Three possible Transat suitors say they are not interested in acquiring struggling airline
National Post 07 Apr 2021 at 12:59
Business
At least three potential bidders for Transat AT Inc. say they are not currently interested in acquiring the tour operator after Air Canada terminated its deal to purchase the struggling company late last week.
Since the deal fell apart, Montreal-based Transat has been weighing its options, including seeking long-term funding and potential government support. In an email statement on Tuesday, it reiterated that it would also consider other acquirers, including an offer from Québecor chief executive Pierre Karl Péladeau that remains on the table.
MONTREAL Quebec s securities tribunal has barred a developer s offer to buy up Transat shares, halting Group Mach s bid to block the tour operator s sale to...
An Air Transat sign is seen Tuesday, May 31, 2016 in Montreal. Transat AT Inc. says it is in exclusive talks with Air Canada to be acquired for roughly $488...
MONTREAL Group Mach said Wednesday it is no longer in the running to buy Transat A.T., stating the tour operator chose to ignore its proposal even though it featured...
MONTREAL Air Canada and Transat AT have mutually agreed to terminate the $190 million purchase of Transat after the European Commission indicated its unwillingness to approve the transaction. Here are...
The Montreal based company says it has agreed to a 30 day period of exclusive negotiations regarding a possible deal at a price of $13 per share. Transat shares closed at $10.58...
