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

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

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

The Kristian Siem-backed, Oslo-listed offshore vessel owner and the Italian oil engineering outfit on Sunday announced a merger that will see Saipem issue Subsea 7 shareholders approximately €4.7bn ...

Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 shares ...

Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies1 (the "Proposed Combination") ...

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

OMP was acquired by New York-based EnTrust Global last year in an effort to drum up new business in Scandinavia as bank ...

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

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

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

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