Saipem, Subsea 7 Merger to Likely Face Further Scrutiny in EU
() -- (Updates to add that Saipem declined to comment) Saipem's (SPMI.MI) planned merger with Subsea 7 (SUBC.OL) will likely be subjected to an in-depth investigation from the European Commission over competition concerns, Reuters reported July 10, citing people privy to the matter. The competition watchdog's prelimina