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Helicopters: Bristow Group acquires shares in Brazilian Lider

Houston, USA - To expand its market in South America

Bristow Group acquired 42.5% of Brazilian company Lider Aviacao Holding for an overall value of $174 million, of which $119 million cash and $55 million in exchange of five helicopters, one large and four medium ones, that the American group sold to the Brazilian one. "We view Brazil as the next 'North Sea' - Bristow's president and CEO William Chiles said - in terms of its potential for growth...

AVIONEWS - World Aeronautical Press Agency - 1105139
Rome, Italy, 05/28/2009 15:26
AVIONEWS - World Aeronautical Press Agency

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