CAE Inc. (TSX:CAE) acquired Global Jet Services on June 10, 2021. In a related transaction, on April 1, 2021, the Company acquired the remaining 79% equity interest in the RB Group. The total purchase price for the acquisitions of the RB Group and GlobalJet consist of cash consideration (net of cash acquired) of $11.1 million and a long-term payable of $1.2 million, and are mainly allocated to goodwill and intangible assets.

CAE Inc. (TSX:CAE) completed the acquisition of Global Jet Services on June 10, 2021.