Mergers & Acquisitions Mergers & Acquisitions

Air Canada granted extension to EU review of Transat takeover

By Andrew Boyce
  • 06 Nov 2020 03:30
  • 06 Nov 2020 03:36
Air Canada has been granted an extension of 13 working days in the EU review of its plan to buy national rival Transat.

The European Commission now has until Jan. 8 to decide on the transaction, according to an update on its register of notified deals today.

Under EU merger rules, a buyer can

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