First Reserve Corporation to Acquire CHC Helicopter (FLI) for Canadian $3.7 Billion
More News related to FLI
- Top 15 For 2008 (No. 14): M&A Wreckage
- CHC Helicopter (FLI) Awarded 3-Year, $4.5 Million Contract
- Notable Mergers and Acquisitions of the Day 2/22 (ROP, EMC, MINI, FLI)
- First Reserve Corporation to Acquire CHC Helicopter (FLI) for Canadian $3.7 Billion
- CHC Helicopter (FLI) Secures Contract Renewals with Statoil ASA and GDF Production Nederland B.V
More News related to Mergers and Acquisitions
- Notable Late-Afternoon ETF Movers for 11/25: UNG, GDX, XRT Higher; UUP Lower
- Notable 52-Week High's and Low's: BMY, JCG, PBR, SLW, GOOG, INCY, NTAP, QADI, GOLD, BONT Higher; SPWRB Low
- Unusual 11 Mid-Day Movers 11/25: RTK, QADI, QBC, KBX Higher; BNHNA, DRAM, TBH, CWTR Lower
- Afternoon ETF Check: UNG, XRT, EWJ Up; VNM, RSX Down
- Notable Analyst Ratings Changes 11/25: EXXI, IWA, VPRT Upgraded; BNHN, NRG, GTE Downgraded
CHC Helicopter Corporation (NYSE: FLI), the world's largest provider of helicopter services to the global offshore oil and gas industry, and First Reserve Corporation, the leading private equity firm that specializes in the energy industry, today announced that a fund managed by First Reserve has entered into an agreement to acquire CHC.
CHC and First Reserve believe that the all-cash transaction, which values the company at an adjusted enterprise value of Canadian $3.7 billion, is the largest-ever buyout in the oilfield services industry.
Related Categories
Mergers and AcquisitionsStocks Mentioned
+0.00Comments
Helicopters
i like to fly in helicopters!!!!!!!
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
htjgj
wdfhgvwah ygfyge on Mar 3, 2008 07:09 PMi am 8000008098978976654 years old and live in hncjdiglbguvrvbinvvyjngkugbiyuiorouboimbumoibunouboi