Cae acquires flight simulation company

Montreal, nov. 16, 2020 (globe newswire) -- (nyse: cae; tsx: cae) - cae today announced that it has acquired all the issued and outstanding shares of flight simulation company b.v. (fsc) for a cash consideration of approximately €70 million (approximately c$108 million) paid to the sellers, calculated on the basis of an enterprise value of €100 million (approximately c$155 million).
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