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Nov 30, 2018ACQUISITION

Bombardier sells Business Aircraft Training unit to CAE for $645m

Bombardier agreed to sell its Business Aircraft Training unit to CAE for $645m, with an additional $155m for monetisation of future royalty obligations.

Value

$645.0M

Status

Announced

Productsbusiness aircraft trainingfull-flight simulators

CompaniesBombardier partner CAE acquirer

“Bombardier has agreed to sell its Business Aircraft Training (BAT) unit to CAE for $645m.”airport-technology.com

1 source
airport-technology.comM&As this week: Orix, AVIC Cabin System, GKN Aerospace - Airport TechnologyRaghavi JoshiNov 29, 2018

Summarized from public sources; check the original articles before acting on it.

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Bombardier sells Business Aircraft Training unit to CAE for $645m · Endata