Saipem, Subsea7 urge Brazil's CADE to dismiss appeals against deal clearance
By Flavia Fortes ( July 15, 2026, 17:44 GMT | Insight) -- Saipem and Subsea7 have asked Brazil's antitrust watchdog to reject appeals filed by Petrobras and industry association ABEP against the unconditional clearance of their planned merger, arguing the challengers have failed to meet the legal threshold for appellate review and are merely rearguing issues already examined by the investigative arm of the Administrative Council for Economic Defense, or CADE.Saipem and Subsea7 have asked Brazil's antitrust watchdog to reject appeals filed by Petrobras and industry association ABEP against the unconditional clearance of their planned merger, arguing the challengers have failed to meet the legal threshold for appellate review and are merely rearguing issues already examined by the investigative arm of the Administrative Council for Economic Defense, or CADE....
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