M&A
confidence high
sentiment neutral
materiality 0.60
Tidewater receives all regulatory approvals for $500M acquisition; expects Q3 2026 close
TIDEWATER INC
- Acquisition of Wilson Sons Ultratug and Atlantic Offshore Services for $500M cash, debt-free cash-free basis.
- Assumed debt of ~$239.7M as of March 31, 2026 reduces cash consideration.
- Received all local regulatory approvals including Brazilian Antitrust Authority.
- Obtained change-of-control waivers under Target Companies' primary credit facilities.
- Closing expected in Q3 2026; parties finalizing documentation and credit facility amendments.