Cooley Guides PE-Backed Helicopter Co. In $529M IPO

Law360, New York (January 6, 2014, 5:12 PM EST) -- The parent company of CHC Helicopter Corp., the largest commercial helicopter operator in the world, is making an initial public offering for a minority stake in the company that could raise as much as $529 million, the company said in regulatory filings Monday.

The private equity-backed CHC Group Ltd. plans to sell about 29.4 million shares at an anticipated price of between $16 and $18 per share, according documents filed with the U.S. Securities and Exchange Commission. CHC said if the underwriters sell all of their...
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