
U.S. HSR Waiting Periods Expire for Subsea 7–Saipem Merger
U.S. HSR waiting periods have expired for the proposed Subsea 7–Saipem merger, while competition reviews continue in the European Union and Australia.

U.S. HSR waiting periods have expired for the proposed Subsea 7–Saipem merger, while competition reviews continue in the European Union and Australia.

The European Commission has opened a Phase II investigation into the proposed EUR 21 billion Saipem-Subsea 7 merger over competition concerns in the market for SURF services.

The Italian government has conditionally approved the proposed merger between Saipem and Subsea7, a move expected to reshape the offshore engineering and subsea services market.
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