Tidewater expects $500 million Wilson Sons Ultratug deal to close in Q3 2026

Tidewater Inc

Tidewater Inc

TDW

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  • Tidewater agreed to buy Wilson Sons Ultratug Participações and Atlantic Offshore Services for USD 500 million cash, subject to adjustments.
  • Purchase price set on a debt-free, cash-free basis, with a reduction for assumed debt of about USD 239.7 million as of March 31, 2026.
  • All local regulatory clearances secured, including Brazilian antitrust sign-off; change-of-control waivers obtained under the targets’ main credit facilities.
  • Closing timetable pushed to the third quarter of 2026 as remaining documentation is finalized, including credit-facility amendments.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tidewater Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-022594), on July 06, 2026, and is solely responsible for the information contained therein.