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CAE To Sell Airline Operations Software Business For $500 Mln To SITA
Source: Nasdaq
M&A & RestructuringTransportation & LogisticsTechnology & InnovationCompany Fundamentals
CAE Inc. agreed to sell Flightscape, its airline operations software business, to aviation technology company SITA for an enterprise value of $500 million. The article provides no further terms or stated financial impact for CAE.
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