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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Transat AT in talks with multiple suitors on possible sale of companyTravel company forms special committee of independent directors to evaluate offers Flying with transat is like flying in a sardine tin. Never again
Source: nationalpost - 🏆 10. / 80 Read more »
Travel company Transat AT puts itself on the block, evaluating multiple offersTravel company Transat AT puts itself on the block, evaluating multiple offers GlobeBusiness
Source: globeandmail - 🏆 5. / 92 Read more »
Cold weather slowed sales at Tim Hortons during most recent quarter, company saysRestaurant Brands International Inc. reported its first-quarter profit fell compared with a year ago as comparable sales at its Tim Hortons locations fell. The horrid coffee doesn't help much No. It’s TimHortons coffee. It’s awful. McDonaldsCanada isn’t complaining the cold weather slowed their coffee sales down, its the best! Goes with the cold coffee.
Source: CTVNews - 🏆 1. / 99 Read more »
Profit at Tim Hortons parent company falls on slowing sales growthSlower sales growth for Restaurant Brands International seen at Tim Hortons, Burger King and Popeyes Louisiana Kitchen chains globebusiness Probably because people are realizing their products have gone steadily downhill. globebusiness Back in the day they would bake everything fresh in-store. Everything was bigger, better, cheaper and fresher. Now it's just sugary processed crap. globebusiness Hope they fold! People finally find out that their products are inedible
Source: globeandmail - 🏆 5. / 92 Read more »
Cold weather slowed sales at Tim Hortons during most recent quarter, company saysCold weather and an outdated roll-up-the-rim-to-win promotion slowed sales at Canadian Tim Hortons locations in its most recent quarter, said the CEO of the coffee chain's parent company, prompting Restaurant Brands International Inc. to revamp the contest for next year. Nice try, blaming the weather. Blame the damn coffee. Watered down, cheap tasting coffee. Shouldn't cold weather make people drink more coffee? BUT YOU SERVE HOT DRINKS!!!
Source: CP24 - 🏆 30. / 67 Read more »
Intel reportedly considering sale of modem business; held talks with AppleIntel decided to exit the 5G modem chip business last week, hours after Apple settled a longstanding legal dispute with Qualcomm Inc., the Wall Street Journal reported
Source: globeandmail - 🏆 5. / 92 Read more »