Americas

Air Transat revises acquisition transaction details with Air Canada; secures new term loan

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Air Transat revises acquisition transaction details with Air Canada; secures new term loan

Air Transat has revised its arrangement agreement with Air Canada to reflect current market and economic conditions and the devastating impact of COVID-19. Under the terms of the binding agreement they have entered into, Air Canada will acquire all issued and outstanding shares of Transat for $5.00 ...

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