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Investor group buys BAE Systems Canada, which is now CMC Electronics
BAE Systems Canada Inc. and ONCAP L.P. announced that an investor group led by ONCAP has successful completed the acquisition of 100% of the common shares of BAE Systems Canada, in accordance with a plan approved by company shareholders at a meeting on April 3.
BAE Systems Canada will now conduct business under the new name CMC Electronics Inc. in English form and CMC Electronique in its French form, and will apply for the delisting of its common shares from the TSE and AMEX.