Saipem and Subsea7 Clear US Antitrust Hurdle for Planned Merger
Saipem and Subsea7 cleared a key US antitrust hurdle for their planned EU cross-border statutory merger after the HSR waiting period expired, paving the way for a US closing once remaining conditions are met. The binding deal is set to complete in the second half of 2026, creating Saipem7 and combining businesses under four divisions.