Brief: Australia's ACCC Says Saipem Subsea7 Merger Requires Phase 2 Review

Subsea 7

03/07/2026 01:58

July 3 (Reuters) - 
AUSTRALIA'S ACCC - SAIPEM SUBSEA7 MERGER REQUIRES PHASE 2 REVIEW
ACCC - HAS NOT REACHED CONCLUSION ON ISSUES AND WILL CONTINUE TO CONSIDER ACQUISITION IN PHASE 2
AUSTRALIA'S ACCC - PROPOSED MERGER WITH SUBSEA7 S.A COULD SUBSTANTIALLY LESSEN COMPETITION  REQUIRES IN-DEPTH PHASE 2 ASSESSMENT, ACCC DECIDED

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