Aug 29 (Reuters) - CAE Inc CAE.TO :
* CAE TO ENTER 15-YEAR EXCLUSIVE BUSINESS AVIATION TRAINING SERVICES AGREEMENT WITH DIRECTIONAL AVIATION CAPITAL AFFILIATES AND ACQUIRE FIFTY-PERCENT OF SIMCOM
* CAE INC - WILL FORM A JV WITH DAC'S AFFILIATE, VOLO SICURO, LLC AND ACQUIRE FOR APPROXIMATELY US$85 MILLION A FIFTY-PERCENT STAKE IN SIMCOM HOLDINGS