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TRZBF - Transat gains as Canada approves Air Canada's acquisition
Transat AT Inc
Transat (TRZBF) gained 5.3% after the Canadian government granted conditional approval for Air Canada's (ACDVF) acquisition of the company. Air Canada up 2.7%.Deal still needs European Commission approval.Under acquisition agreement, deal was to be completed no later than Feb, 15, though it may be extended at any time by agreement of the parties.Earlier, Air Canada reports Q4 results.