Americas

Air Canada looks to buy tourism business for $520 million

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Air Canada looks to buy tourism business for $520 million

Air Canada has entered into a 30-day exclusive negotiation period to purchase Transat, a Montreal-based tourism company. Air Canada's bid for the company C$520 million including debt and net of cash is subject to approve -  in what's seen as a move to strengthen the airline's leisure brand. The air...

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