Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in ...

Saipem and its Norwegian rival did not disclose the financial terms of the deal, which, according to Reuters, is valued at ...

Saipem ( OTCPK:SAPMF) ( OTCPK:SAPMY) said Sunday it agreed to merge with rival oilfield services company Subsea7 ( ...

Italian energy-services provider Saipem will merge with Norwegian rival Subsea7 creating a company focused on drilling, ...

Find insight on the proposed merger of Saipem and Subsea7and more in the latest Market Talks covering energy and utilities.

Energy services and drilling specialists Saipem SpA and Subsea7 SA agreed to combine their businesses as consolidation in the ...

Saipem and Subsea7 have announced a $4.6 billion merger to create a new oil field services giant, Saipem7, with significant ...

Saipem struck an agreement in principle on the key terms of a potential acquisition of Subsea7, which would result in a ...

Investors’ reaction to the proposed merger of Saipem and Subsea 7 has been very subdued — and negative in the case of the ...

Italy’s Saipem and Norway’s Subsea7 have reached an agreement to merge the two companies, to create an industry leader in ...

SUBCY and Saipem's merger is estimated to have a valuation of $4.63 billion. The combined entity will be renamed Saipem7.

Energy services firms Saipem and Subsea7 have reached an agreement on the key terms for possible merger of the two companies ...