Helicopter player CHC swoops on oil and gas aviation unit of Babcock

Texas-based services player in conditional agreement to take over Aberdeen-headquartered outfit

Takeover takeoff: CHC to snap up oil and gas aviation wing of Babcock International — Takeover takeoff: CHC to snap up oil and gas aviation wing of Babcock InternationalPhoto: BABCOCK INTERNATIONAL

Eoin O'Cinneide

London

CHC Group Babcock North Sea Denmark Australia

Published 11 March 2021, 09:53Updated 11 March 2021, 09:53