Private equity firm Clayton Dubilier & Rice is investing up to $600 million in energy-services company CHC Group Ltd. (NYSE: HELI).

CHC, headquartered in Vancouver, Canada, provides offshore flying services to the oil and gas industry. The company operates a fleet of commercial helicopters that fly from about 70 bases on six continents. The company also flies search-and-rescue and emergency-medical missions for oil and gas companies, government agencies and other groups.

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