ACE Aviation Holdings, parent of Air Canada and Jazz, moved forward Tuesday with previously announced plans for a partial sale of its Regional airline subsidiary (ATWOnline, Nov. 29). Under an agreement between Jazz Air Income Fund and a group of underwriters, 23.5 million units of the fund will be sold at a price of $10 per unit, representing 19.1% of the airline. Based on the unit price, gross proceeds to ACE will total C$235 million before overallotments. The fund has granted the ...

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