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Bristow Group (BRS) sells its stake in FB Heliservices for $112M, resulting in a pre-tax gain of...

Jul. 15, 2013 10:03 AM ETBristow Group Inc. (BRS) StockBRSBy: Colin Lokey, SA News Editor

Bristow Group (BRS) sells its stake in FB Heliservices for $112M, resulting in a pre-tax gain of $1.81/ share. The company reaffirms its FY14 adjusted EPS guidance of $4.20-4.50 and says the divestiture should be "credit accretive by adding more liquidity and improving credit metrics." (PR)

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