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Subsea 7 says EU commission set to comment on Saipem tie-up

Subsea 7 says EU commission set to comment on Saipem tie-up

- The European Commission will likely comment within the next 24 hours on a reopening of its antitrust probe of the merger between Norway's Subsea 7 SUBC.OL and Italy's Saipem SPMI.MI, Subsea 7 CEO Stuart Fitzgerald said on Wednesday.

The probe had been halted by the EU while the parties provided additional information.


(Reporting by Nora Buli and Nerijus Adomaitis, writing by Terje Solsvik, editing by Louise Rasmussen)

((terje.solsvik@thomsonreuters.com; +47 918 666 70;))

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