CAE to sell Flightscape to Sita for $500 million
CAE•CAE will sell Flightscape to Sita for an enterprise value of $500 million. CAE said it will invest the proceeds in its core businesses and return capital to shareholders.
1. Sale terms
CAE will sell Flightscape to Sita for an enterprise value of $500 million. The company said it plans to invest the sale proceeds in its core businesses and return capital to shareholders.
