CAE Agrees To Sell Its Airline Operations Software Business To SITA For $500M
(NASDAQ:CAE) (TSX:CAE) – CAE Inc. (CAE or the Company) today announced that it has entered into a definitive agreement to sell Flightscape, its airline operations software business, to SITA, a global aviation technology
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Why It Matters
CAE is selling one of its software businesses to SITA for $500 million. When a company sells a part of itself, watch if this helps them focus better on other things.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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