CAE WKN: 854167 ISIN: CA1247651088 Kürzel: CE9 Forum: Aktien Thema: Hauptdiskussion

COVID-19 CANNABIS NEWS PERSONAL FINANCE POLITICS REAL ESTATE TECHNOLOGY INVESTING PURSUITS OPINION NEWSLETTERS COMPANY NEWS   ARTICLE  COMPANY NEWS 15h ago CAE signs agreement with Textron to buy TRU Canada for US$40M The Canadian Press The Open Notable Calls: Linamar, Northland Power and CAE   Now Showing  2:48 Notable Calls: Linamar, Northland Power and CAE Up Next  2:44 Notable Calls: CAE Inc., ECN Capital and Deere MONTREAL - CAE Inc. has signed a deal with Textron to buy TRU Simulation + Training Canada Inc. for US$40 million. The company says the acquisition of expands its installed base of commercial flight simulators and customers. CAE says TRU Canada also brings with it a backlog of simulator orders, full-flight simulator assets and provides access to a number of airline customers. The transaction is subject to regulatory approvals and other customary closing conditions. Textron says the deal is expected to close during the fourth quarter of 2020 or early 2021. The agreement follows an announcement earlier this month that CAE has signed a deal to buy Amsterdam-based Flight Simulation Company B.V. for C$108 million.