View Full Version : PDG Expansion Plan?
Heard a story that PDG have got big new financial backing, and after buying Irish Helicopters are looking to purchase companies south of the border (with 3 in mind).
Any truth?
ppheli
20th Jan 2003, 08:00
Old news I'm afraid. Here's a link to The Scotsman of Nov 27th last year.
http://www.thescotsman.co.uk/business.cfm?id=1299642002
ppheli - you are a star. The Scotsman is not normally on the newsagent shelf in Hants <BG>. The investment mentioned in the article is a lot more than they paid to swallow Irish Helicopters (about £ 2 million) last year.
I was told specifically that three operators are in the frame for a bid. Perhaps there will be some 'new' news soon - they can't sit on the cash for ever.
ppheli
21st Jan 2003, 05:26
This forum seems as best as any to speculate then...
DeltaFree
22nd Jan 2003, 22:44
What about the rumours that other bigger companies might want a slice of the onshore market! Any N Sea operator losing some business might want to diversify and what better than a Company on your doorstep.