Various sources
QUOTE:
"Both Air Canada and Transat have agreed to terminate the Arrangement Agreement with Air Canada paying Transat a termination fee of $12.5 million, and with Transat no longer under any obligation to pay Air Canada any fee should Transat be involved in another acquisition or similar transaction in the future."
Air Canada and Transat Mutually Agree to Call Off Deal
Travel Pulse Canada, Last updated: 12:13 PM ET, Fri April 02 2021 - JIM BYERS
Full Article
https://ca.travelpulse.com/news/airl...qBPhb0zWEe1FLs
Air Canada, Transat scrap acquisition agreement
Both companies said Friday they’ve mutually agreed to terminate the agreement.
Montreal Gazette, Publishing date: Apr 02, 2021- Frédéric Tomesco
brief info
https://montrealgazette.com/business...tion-agreement
Air Canada ne mettra pas la main sur Transat
Radio-Canada
brief info
https://ici.radio-canada.ca/nouvelle...n-achat-annule