CAE nears deal to buy L3Harris's military training business for $1.5 billion: WSJ

FILE PHOTO: The logo of L3Harris is displayed on a screen on the floor of the New York Stock Exchange in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid

An agreement on the deal is expected on Monday, unless the talks fall apart, the newspaper said, citing people familiar with the matter. Following the close of the deal, the military training division is expected to be based in Tampa, Florida, according to the newspaper.

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