Helicopter Flight Training Sponsors




Tag: HNZ Group


Don Wall and PHI, Inc. Complete the Previously Announced Acquisition of HNZ Group Inc.

Posted by jhadmin

MONTREAL and LAFAYETTE, LA, - HNZ Group Inc. (TSX: HNZ) ("HNZ" or the "Corporation") and PHI, Inc. (The Nasdaq Select Global Market: PHII (voting) PHIIK (non-voting)) ("PHI") announced today that they have completed the previously announced statutory plan of arrangement under Section 192 of the Canada Business Corporations Act (the "Arrangement") involving the acquisition by Don Wall, the Corporation's President and CEO, through a beneficially wholly-owned acquisition company (the "Canadian Purchaser") of all of the issued and outstanding common shares and variable voting shares of HNZ (collectively, the "HNZ Shares") and subsequent acquisition by PHI of HNZ's offshore business conducted in New Zealand, Australia, the Philippines and Papua New Guinea.

[Read More...]

Tags: HNZ Group PHI
Categories: Press Releases

Related Articles