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Old 5th Nov 2007, 04:11
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rotor-rooter
 
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CHC - what will the future hold

It appears that wherever you go and whomever you speak to within CHC, the main subject of discussion is the future of this fine organisation.

Most of the chatter is focused on the influence of the Dobbin heirs and their effective control of the company. This debate appears fuelled by the effect that any attempt to cash out might have on the company.

Various internal sources suggest that following the failed attempt to sell last year, that various other suitors have been courted with varying degrees of interest. As the original buyer walked away, having completed their due diligence, this raised considerable interest in the markeplace, as they certainly knew what they were looking at.

Anyone with any further insight into this? Will the Company continue to exist as it it, or be sold as a single unit, or mybe split into more saleable assets - as it is certainly would appear to be a very desirable business in the current market and with its position in the worldwide helicopter industry.
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