secwatch.observer — SEC 8-K summary
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Issuer:     TIDEWATER INC (TDW)
CIK:        0000098222
Form:       8-K
Filed at:   2026-07-02T21:44:02+00:00
Accession:  0001437749-26-022594
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Tidewater receives all regulatory approvals for $500M acquisition; expects Q3 2026 close
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/98222/000143774926022594/0001437749-26-022594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/98222/000143774926022594/tdw20260701_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-022594

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer