Saipem, Subsea7 cleared to complete merger in US
31/07/2026 18:25
Saipem, Subsea7 cleared to complete merger in US July 31 (Reuters) - Saipem SPMI.MI said on Friday that all applicable waiting periods under the U.S. Hart-Scott-Rodino antitrust law had expired for its planned merger with its Norwegian peer Subsea7 SUBC.OL.
The companies are now allowed to complete the transaction in the United States, although the merger remains subject to certain regulatory approvals outside the country, Saipem said.
(Reporting by Anna Peverieri in Barcelona; Editing by Louise Heavens)
Recent news on Saipem SpA
See all newsItaly - Factors to watch on November 5
Brazil approves merger of energy contractors Saipem and Subsea7 (updated)
Brazil's CADE approves Saipem's merger with Subsea7
Brief: Saipem Says Brazil's Cade Approves Saipem, Subsea7 Combination To Create Saipem7
Oil services firms face major cost pressure from Iran crisis, execs say