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Tidewater Makes $500M Bet on Brazil with Wilson Sons Fleet Acquisition

people_culture UTC: 2026-02-23 08:18:01

Houston-based offshore vessel giant Tidewater Inc. is making a major push into Brazil, announcing a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. (WSUT) and its affiliate Atlantic Offshore Services S.A. in a deal valued at approximately $500 million.

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