CAE agrees to sell Flightscape to SITA at enterprise value of US$ 500 million

Bitget2026/10/26 11:30

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

CAE agreed to sell Flightscape, its airline operations software business, to SITA for an enterprise value of USD 500 million.
The price is subject to customary adjustments. Closing is expected in the first half of 2027, subject to approvals and closing conditions.
The sale will sharpen the seller’s focus on its core Civil and Defense businesses.
Proceeds will support investment in simulation and training businesses and capital returns to shareholders, while maintaining financial flexibility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CAE Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202610260730CANADANWCANADAPR_C8118) on October 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

CAE agrees to sell Flightscape to SITA at enterprise value of US$ 500 million

You may also like

Crypto prices