cae inc (CAE:New York)
Transactions by CAE INC (CAE) in the last 6 months
CAE Inc. (TSX:CAE) entered into a definitive agreement to acquire Military Aviation Training from Bombardier Inc. (TSX:BBD.B) for CAD 19.8 million on January 26, 2015. Under the terms of agreement, CAE will be the prime contractor responsible for the NATO Flying Training in Canada program. The transaction is subject to approval of governmental and regulatory authorities and other customary closing conditions. The deal is expected to close by end of 2015.
Shanghai Eastern Flight Training Co. Ltd. entered into an agreement to acquire 50% stake in flight academy in Melbourne, Australia from CAE Inc. (TSX:CAE) on January 19, 2015. PricewaterhouseCoopers acted as financial advisor to Shanghai Eastern Flight Training Co. Ltd.
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