Mergers & Acquisitions Mergers & Acquisitions

Air Canada faces in-depth EU inquiry into Transat deal

By Nicholas Hirst
  • 23 May 2020 01:29
  • 25 May 2020 00:06
Air Canada is facing an in-depth EU inquiry into its bid to buy Montreal-based competitor Transat AT amid concerns it would harm competition on routes between Canada and the European mainland and territories, MLex has learned.

The buyer passed up an opportunity to amend its 720 million Canadian dollars (471 million euros) deal

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