Market Overview

KKR Invests Approximately $200M in Weststar Aviation Services

Weststar Aviation Services Sdn Bhd announced Wednesday that KKR has invested approximately
RM642 million (US$200 million) for a substantial minority equity stake
in the Company. This will be KKR's first investment in Malaysia.
Additional terms of the transaction were not disclosed.

Founded in 2003, Weststar is a leading provider of offshore helicopter
transportation services to the oil and gas industry. With a large and
modern fleet of world-class helicopters and a stable of blue chip oil
and gas companies as customers, Weststar focuses on providing quality
offshore helicopter services and is the largest of such providers in

See full press release

Posted-In: News Guidance Financing Contracts M&A Global

 

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