CHC Group announces conditional acquisition of Babcock’s oil & gas aviation business.

posted on 11th March 2021 by Eddie Saunders
CHC Group announces conditional acquisition of Babcock’s oil & gas aviation business.

The deal, which is subject to pre-closing conditions, is expected to complete in the second calendar quarter of 2021.  It is intended that CHC will seek clearances for the transaction from antitrust authorities in the UK and Australia, though completion is not conditional upon such clearances being received.