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News 2026-07-13 06:57 UTC

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

News 2026-07-12 05:43 UTC

Saipem, Subsea 7 Merger to Likely Face Further Scrutiny in EU

() -- 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 preliminary antitrust review of the Italian engineering a