CAE says proposed buy of SAT will speed move into flight training market

CAE of Toronto plans to buy Netherlands-based Schreiner Luchtvaart Groep B.V.'s Schreiner Aviation Training (SAT) to accelerate the company's entry into the U.S. and European flight training market, the company announced May 18. CAE will buy 100% of SAT's outstanding shares for 193 million Euros, or...

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