FlyerTalk Forums - View Single Post - ACE Aviation selling 44 million Air Canada shares for $162.8 million
Thread: ACE Aviation selling 44 million Air Canada shares for $162.8 million
View Single Post
Old Dec 3, 2010 | 7:39 am
  #1  
tcook052
A FlyerTalk Posting Legend
Community Builder
20 Years on Site
 
Join Date: May 2002
Location: YEG
Programs: HH Silver
Posts: 56,978
ACE Aviation selling 44 million Air Canada shares for $162.8 million
http://www.financialpost.com/news/of...623/story.html

ACE Aviation Holdings Inc. announced Friday it was getting rid of more of its shares in Air Canada, this time planning to reduce its 27% stake to 11.15%.
ACE said it would offload 44 million Class B Voting Shares in Air Canada for $162.8-million as part of a bought deal. The deal includes a syndicate of underwriters led by Canaccord Genuity Corp.
tcook052 is offline  
Reply