Air Canada raises Transat purchase offer to C$720 mln

Canada's largest airline Air Canada has raised the value of its offer to buy Canadian tour operator Transat AT Inc to about C$720 million ($544.75 million), or C$18 per share, from its earlier offer of C$13 a share, the companies said in a joint statement.

from Reuters: Company News https://ift.tt/2TnviSK