June 25 (Reuters) - Real estate developer Group Mach Inc said on Tuesday it has waived its financing conditions relating to its C$527.6 million bid to acquire Canadian tour operator Transat AT Inc TRZ.TO .
The developer had previously said the deal is contingent on Quebec providing about C$120 million in acquisition financing.
Earlier this month, Group Mach made a formal proposal for Transat, topping an offer from the country's largest airline Air Canada AC.TO .
Montreal-based Transat is locked in an exclusivity period with Air Canada that ends on June 26.