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Tidewater Announces The Acquisition Of Swire Pacific Offshore, Creating World’S Leading Osv Operator

PUBLIC · TDWMar 09, 2022

Acquiring Company

Tidewater

HoustonEnergyOil And GasTransportation

Description

Tidewater Inc. (NYSE: TDW) (the “Company”) today announced a definitive agreement to acquire all of the outstanding shares of Swire Pacific Offshore Holdings Limited (“SPO”), a subsidiary of Swire Pacific Limited (HKSE: 0019.HK and 0087.HK), for approximately $190 million (the “Transaction”).

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Company Information

Company

Tidewater

Location

Houston, Texas, United States

About

Tidewater owns and operates one of the largest fleets of offshore support vessels in the industry, with more than 65 years of experience supporting offshore energy exploration, production, generation and offshore wind activities worldwide.

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