Helicopter group mulls stake sale

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryDirect HealthyKate Silverton’s PartnerDirect Healthythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Show Comments ▼ Helicopter group mulls stake sale Tags: NULL Sunday 7 November 2010 8:52 pm Sharecenter_img KCS-content whatsapp More From Our Partners Porsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comKansas coach fired for using N-word toward Black playerthegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com BOND Aviation, one of the largest helicopter operators in the UK, is mulling the possibility of selling part of the business to a private equity investor in order to fund its expansion.Bond, which operates two divisions – Bond Air Services, providing helicopters to the police and ambulance emergency services, and Bond Offshore Helicopters, which supplies the North Sea oil and gas sector – has hired NM Rothschild to advise it on the sale, according to reports over the weekend.The company is thought to be considering selling between a third and two thirds of the business, in a process that could value Bond at up to £300m. It is currently family owned.Bond currently has a fleet of 39 helicopters and turned a profit of £15.6m last year. But it is thought to be interested in a significant expansion to take advantage of demand for both its emergency services and transport machines.The original Bond family business, founded in the 1960s, was reacquired by Stephen and Peter Bond in 1996, when the brothers bought back a division from Norwegian firm Helikopter Services Group. Its big break came eight years later, when the offshore unit won a lucrative £120m contract from oil giant BP to provide all of its Scottish helicopter support operations.The company now also provides aviation transport services to other energy providers operating in the area, including Conoco Phillips and Maersk.Bond also provides search and rescue helicopters for use in the North Sea area. whatsapplast_img read more