Air Canada finalizes terms of $800 million substantial issuer bid

Air Canada finalizes terms of $800 million substantial issuer bid

Air Canada has finalized the terms of its previously announced substantial issuer bid (the “offer”) under which it will offer to purchase for cancellation up to $800 million of its Class A variable voting shares and Class B voting shares (collectively, the “shares”).1 The offer will proceed by way of a “modified Dutch auction”, allowing…more ›
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