CHC Helicopters Divests Operations

Edited by David Rimmer July 01, 2000
CHC Helicopters is planning to sell its Canadian Helicopters Eastern and Western divisions to a management-led group for approximately $130 million (CDN). The deal includes three heavy, 24 medium and 130 light helicopters -- nearly half of CHC's current fleet. Although CHC will retain a $25.5...

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