2022-04-29 08:16:27 VTOL Bristow Group
04/29/22 04/2908:16 04/29/2208:16 | Bristow Group to acquire British International Helicopter Services, no termsBristow Group announced its plans to acquire British International Helicopter Services Limited, further enhancing its leading global Government Services business. BIH will add to Bristow's operations in the UK and adopt the Bristow name and brand throughout its operations. BIH currently operates a fleet of two AW189 SAR-configured helicopters, three S61 helicopters, and one AS365 helicopter, performing various passenger and freight transport as well as hoist operations. The acquisition is an all-cash transaction and is expected to close in the third quarter, following required regulatory approvals and satisfaction of other customary closing conditions. |
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