Shares of Transat AT Inc. soared more than 40 per cent Tuesday after the tour and travel company announced preliminary talks regarding the possible sale of the company. On the Toronto Stock Exchange, shares of the parent company of Air Transat, gained more than 43 per cent, or $2.44, at $8.11 in midday trading. Transat shares were changing hands at $8.13 in the afternoon on Tuesday, up $2.46 from Monday's level. Premier weighs inQuebec Premier François Legault co-founded Air Transat in 1986 and was CEO of the company before entering politics. Transat offers vacation packages, hotel stays and air travel under the Transat and Air Transat brands.

Source: CBC News April 30, 2019 14:15 UTC