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Quebecor eyes Transat acquisition, doubles dividend after earnings triple

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Quebecor says it earned $189.0 million, up from $57.1 million a year earlier

MONTREAL — The head of Quebecor Inc. says he is exploring a possible acquisition of Montreal-based tour operator Transat A.T., but another prospective buyer is already a step ahead.

“I will continue to fight for Quebec companies to stay here. I think that that could be an interesting…opportunity.” Quebecor more than doubled its dividend as it reported its first-quarter profit rose compared with a year ago.

 

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Quebecor doubles dividend after earnings tripleQuebecor says it earned $189.0 million, up from $57.1 million a year earlier
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