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CAE signs deal to sell health-care business to Madison Industries for $311 million

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MONTREAL — 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...

MONTREAL — CAE Inc. has signed a deal sell its health-care business to U.S. company Madison Industries for $311 million.

Parent says the business, which it launched in 2009, is growing under a strong leadership team and has reached a point where the opportunity exists to take it to the next level. '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 now'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff

 

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