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Cobham Plc Acquires Full Ownership of Helicopter Services Joint Venture


Monday, 15 Jul 2013 02:00am EDT 

Cobham Plc announced that it has completed the acquisition of the 50% shareholding that it did not already own in FB Heliservices Ltd, FB Leasing Ltd and FBS Ltd (together FBH), from its long standing joint venture partner, Bristow Helicopters Limited (Bristow). The transaction comprises cash consideration of GBP74 million payable on completion, together with the assumption of Bristow's share of FBH's net debt. 

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