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Subsea 7-Saipem Merger Nears Completion

MT Newswires·08/03/2026 00:09:58
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12:09 AM EDT, 08/03/2026 (MT Newswires) -- Energy contractors Subsea 7 (SUBC.OL) and Saipem (SPM.MI) are now authorized to conclude their planned merger in the US, following the expiry of all applicable waiting periods under antitrust laws. The deal is still pending certain regulatory approvals outside the US, Subsea 7 said July 31.