Air Canada announces minority equity investment in Aeroplan led by Blackstone, La Caisse
Air Canada has announced that funds managed by Blackstone and La Caisse, together with other leading Canadian institutions, are making a $2.5 billion minority equity investment in Aeroplan Inc. The transaction terms provide that the investor group is acquiring a 25% non-controlling equity interest in Aeroplan, valuing the program at $10 billion. Air Canada will…more ›
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