Canada government sells its Air Canada stake, Globe and Mail reports-March 2024-www.financetom.com

Canada government sells its Air Canada stake, Globe and Mail reports

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Canada government sells its Air Canada stake, Globe and Mail reports

Dec 12, 2024 9:52 AM

OTTAWA, Dec 12 (Reuters) - The Canadian government has

sold its roughly 6% stake in Air Canada ( ACDVF ) in the past few

days, the Globe and Mail reported on Thursday, citing a source.

The government sold its Air Canada ( ACDVF ) shares at an average

selling price of about C$25 a share, the newspaper reported.

Ottawa had bought Air Canada ( ACDVF ) shares for about C$23.18 apiece in

April 2021.

(Reporting by Ismail Shakil in Ottawa)

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