Cae closes the sale of its healthcare business to madison industries

Montreal , feb. 16, 2024 /prnewswire/ - (nyse: cae) (tsx: cae) - cae inc. (cae or the company) today announced the closing of the sale of its healthcare business to madison industries for an enterprise value of c$311 million, subject to customary adjustments. this follows cae's announcement on october 24, 2023, of the execution of a definitive agreement in respect of the transaction.
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