RE:C'Mon Air CanadaUnfortunately the EU regulators put a kibosh on that. It was approved by Canadian government at the time. Perhaps the EU will change their mind but I doubt it.
I expect one of the other previous suitors will make another offer.
Here is a link to the timeline of the previous takeover attempts.
https://www.thestar.com/business/2021/04/02/timeline-the-ups-and-downs-of-air-canadas-abandoned-deal-for-transat.html
I expect one of the other previous suitors will make another offer. Other than more deb, the outlook is much better than it was then. Hopefully lol!!
The last offer POST-PANDEMIC shutdown.
Oct. 10, 2020: The two travel companies announce they have reached terms for a revised deal that will see Air Canada buy Transat for $5 a share or $190 million, a significant discount to the original agreement.
Dec. 15, 2020: Transat shareholders vote to accept the revised takeover offer, with 91 per cent of votes in favour of the deal.
Dec. 22, 2020: Peladeau’s investment company Gestion MTRHP Inc. submits an unsolicited proposal to Transat.
One of the offers/suitors PRE-PANDEMIC
June 4, 2019: Quebec real estate developer Group Mach Inc. says it will make a takeover offer for Transat worth $14 per share or $527.6 million in cash. The real estate developer was hoping the Quebec government would contribute $120 million in financing.