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Tag

air canada

2 articles

Air Canada Launches $800M Share Buyback Funded by Aeroplan Sale
U.S. Equities40d ago
Air Canada Launches $800M Share Buyback Funded by Aeroplan Sale
The modified Dutch auction runs Aug. 20 to Sept. 24, offering $29–$33 per share for up to 9.8 percent of shares outstanding, financed by Blackstone and La Caisse proceeds received in full today.
Blackstone Nears Deal for 25 Percent Stake in Air Canada's Aeroplan at C$2.5 Billion Valuation
Research & Analysis46d ago
Blackstone Nears Deal for 25 Percent Stake in Air Canada's Aeroplan at C$2.5 Billion Valuation
Blackstone and Canadian pension funds are reportedly close to acquiring a combined 25 percent stake in Aeroplan, giving Air Canada capital to fund fleet upgrades and cabin renovations.