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CAE closes the sale of its Healthcare business to Madison Industries

Newswire.ca - Fri Feb 16, 7:00AM CST

MONTREAL, Feb. 16, 2024 /CNW/ - (NYSE:ย CAE) (TSX: CAE) -ย CAE Inc. (CAE or the Company) today announced the closing of the sale of its Healthcare business to Madison Industriesย for an enterprise value of C$311 million, subject to customary adjustments. This follows CAE's announcement on Octoberย 24, 2023, of the execution of a definitive agreement in respect of the transaction.

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