The company said it would use the sale proceeds for technological advancement and the deal will help with cost optimization within its core training and...
- Canada-based CAE said on Tuesday it would sell its healthcare business to Chicago-based Madison Industries for C$311 million as the tech firm strives to streamline its operations.
"This decision to streamline our portfolio better positions CAE to efficiently allocate capital and resources," CAE CEO Marc Parent said. Montreal-based CAE has a market-cap of $9.06 billion while its total debt was $3.32 billion as of June.A price cap on Russian oil aims to starve Putin of cash. But it's largely been untested. Until now'Probably the best use of cash': Warren Buffett likes businesses that dole out dividends — but he absolutely loves it when they do this instead. 3 'share cannibals' to watch nowDiscover a world of exciting games, from heart-pumping action to brain-teasing puzzles.
'This makes me so mad': Kevin Hart, Mark Cuban regret passing on the chance to invest in this multibillion-dollar company in its early stages — here's why it haunts them to this dayYour usual host Kirsten was shredding off-road at the Rebelle Rally this week, so I'll be taking over the newsletter. In its eighth year, the Rebelle has become a proving ground of sorts for the 65 all-women teams who participate as well as stock manufacturer vehicles.
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Canada's CAE to sell healthcare unit for C$311 million in bid to streamline opsThe company said it would use the sale proceeds for technological advancement and the deal will help with cost optimization within its core training and...
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CAE signs deal to sell health-care business to Madison Industries for $311 millionMONTREAL — CAE Inc. has signed a deal sell its health-care business to U.S. company Madison Industries for $311 million.
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CAE signs deal to sell health-care business to Madison Industries for $311 millionMONTREAL — CAE Inc. has signed a deal sell its health-care business to U.S. company Madison Industries for $311 million. CAE chief executive Marc Parent says...
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CAE signs deal to sell health-care business to Madison Industries for $311-millionCAE chief executive Marc Parent says the decision better positions the company to secure the many attractive growth opportunities on the horizon in its much larger, core simulation and training markets
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