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CAE announces sale of its Healthcare business

Newswire.ca - Tue Oct 24, 2023

MONTREAL, Oct. 24, 2023 /CNW/ - (NYSE: CAE) (TSX: CAE) - CAE Inc. (CAE or the Company) today announced that it has reached a definitive agreement to sell CAE's Healthcare business to Chicago-based Madison Industries for an enterprise value of C$311 million, subject to customary adjustments.

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Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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