First Reserve to acquire helicopter services company CHC for CAN$3.7bn

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Energy sector-focused private equity firm First Reserve Corporation has agreed to acquire CHC Helicopter Corporation, a Vancouver, Canada-headquartered provider of helicopter services to the offshore oil and gas industry, in an all-cash transaction which values the company at an adjusted enterprise value of CAN$3.7bn.

Energy sector-focused private equity firm First Reserve Corporation has agreed to acquire CHC Helicopter Corporation, a Vancouver, Canada-headquartered provider of helicopter services to the offshore oil and gas industry, in an all-cash transaction which values the company at an adjusted enterprise value of CAN$3.7bn.