Quebec Businessman Pierre Karl Péladeau Says He’s 'Absolutely' Still Weighing Bid For Transat

MontrealGazette

Québecor Inc. chief executive officer Pierre Karl Péladeau said Thursday he’s still considering whether to bid for Air Transat’s owner. It’s far from certain that competition authorities in Europe and Canada will approve the purchase of Transat by Canada’s largest airline, he said. “Regulatory approval of this deal is anything but a slam dunk. This is why I’m still analyzing the file. This deal seems to me to be contrary to the interest of Quebecers."

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