Canada government sells its Air Canada stake, Globe and Mail reports-February 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 12:04 PM

OTTAWA (Reuters) - The Canadian government has sold its roughly 6% stake in Air Canada in the past few days, the Globe and Mail reported on Thursday, citing a source.

The government sold its Air Canada shares at an average selling price of about C$25 a share, the newspaper reported. Ottawa had bought Air Canada shares for about C$23.18 apiece in April 2021.

(Reporting by Ismail Shakil in Ottawa)

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