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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange
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CAE to buy L3Harris military training business for US$1 05B

CAE to buy L3Harris military training business for US$1 05B
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CAE to acquire L3Harris Technologies Military Training business for US$1 05 billion

Broadens CAE s position in training and simulation across multi-domain operations Low-teens percentage EPS accretion expected within first full year post closing, including expected cost synergies Expected to be immediately accretive to Defence & Security operating profit and EBITDA (1) margins on operational efficiencies Funding structure consistent with CAE s investment grade profile Transaction builds on CAE s track record of successful acquisitions MONTREAL, March 1, 2021 /PRNewswire/ -  (NYSE: CAE) (TSX: CAE) – CAE today announced that it has entered into a definitive agreement with L3Harris Technologies (NYSE: LHX) to acquire L3Harris Military Training business for US$1.05 billion, subject to customary adjustments (the Acquisition ). The Acquisition value represents approximately 13.5 times the L3Harris Military Training business estimated adjusted 2020 EBITDA

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