Year in Review: Tidewater buying Solstad Offshore’s platform supply vessel business was a Deal of the Week
On July 5, Tidewater Inc. (NYSE: TDW) closed the acquisition of Norway-based Solstad Offshore ASA’s platform supply vessels. However, the purchase price was approximately $580 million, up from the originally announced $577 million base purchase price, due to an initial $3 million price adjustment.