Image Source: AsiaOne
Bristow and Era to Merge, Forming a Larger, More Diverse and Financially Stronger Global Industry LeaderGlobeNewswireJanuary 24, 2020All-stock transaction creates financially stronger, publicly traded company with a significant presence in key geographic regionsCombined company will offer broader range of world-class, efficient aviation solutions through enhanced fleet size and diversity, providing better solutions for new and existing oil and gas customers and governmental agenciesExpected to achieve pro forma annual revenues of approximately $1.5 billion and run-rate adjusted EBITDA of approximately $240 million, including at least $35 million in annual cost synergies
Source: AsiaOne