Air Canada's proposed acquisition of Transat AT Inc. likely will hinder competition and result in less choice for Canadian travellers, the Competition Bureau says
The decision comes as non-essential travel around the world comes to a standstill as governments close borders in an effort to slow the COVID-19 pandemic
Local business leaders told an aviation industry panel on Thursday they want faster, more direct travel to other parts of the world
Air Canada says the Superior Court of Quebec has granted a final order approving the takeover following approval by shareholders last week
The fate of Air Canada's $720-million takeover bid for Transat A.T. Inc. rests with regulators after shareholders overwhelmingly approved the acquisition offer Friday
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 Air Canada
Transat is warning shareholders against an "abusive, coercive, misleading" move by Montreal real estate developer Group Mach to block the tour operator's sale to Air Canada
The board of directors of Transat AT Inc. has approved a $520-million takeover offer by Air Canada, a deal that faces legal and regulatory scrutiny along with resistance from Transat shareholders
Quebec real estate developer Group Mach Inc. has made a takeover bid for Transat AT Inc.
Air Canada's interest in buying rival Transat AT Inc.