Tidewater completes $500m Brazil OSV takeover

Tidewater has completed its $500m takeover of Wilson Sons Ultratug Offshore, adding 22 platform supply vessels and dramatically scaling up its position in Brazil. The Houston-based OSV giant closed the acquisition of Wilson Sons Ultratug Participações and affiliate Atlantic Offshore Services on August 31, six months after first announcing the all-cash deal. The acquired fleet …


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