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Subsea7, Saipem rebut third-party claims in Brazil CADE's SURF probe

By Flavia Fortes ( February 19, 2026, 21:14 GMT | Insight) -- Subsea7 and Saipem have pushed back against criticism raised during the Brazil antitrust authority’s second market test of their proposed merger, arguing that several third-party submissions reflect selective interpretations and subjective preferences rather than an objective assessment of competitive conditions in Brazil’s SURF market.Subsea7 and Saipem have pushed back against criticism raised during the Brazil antitrust authority’s second market test of their proposed merger, arguing that several third-party submissions reflect selective interpretations and subjective preferences rather than an objective assessment of competitive conditions in Brazil’s SURF market....

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