Cae announces sale of its healthcare business

Montreal, oct. 24, 2023 /prnewswire/ - (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. "we are proud of the significant contribution to patient safety that cae healthcare has made," said marc parent, president and ceo of cae.
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