MONTREAL — Shares of Transat AT Inc. soared more than 40 per cent Tuesday after the tour and travel company announced preliminary talks regarding the possible sale of the company.
Transat said it has formed a special committee of independent directors to evaluate the proposals with the assistance of financial and legal advisers. Transat did not name the potential bidders, but analyst Benoit Poirier of Desjardins Capital Markets said they could be the same groups that have expressed interest in Thomas Cook.
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