Proposed merger of Saipem, Subsea7 triggers Australian review
( April 29, 2026, 01:51 GMT | Official Statement) -- MLex Summary: The proposed merger of energy services companies Saipem S.p.A and Subsea7 S.A will be reviewed by the Australian competition regulator. In a statement on Tuesday, the Australian Competition & Consumer Commission said both Saipem and Subsea7 are global engineering and construction companies that provide services for the energy sector in offshore and onshore projects. The regulator is seeking views on the global deal until Monday and is likely to announce its determination by June 10.Statement follows. Questionnaire is attached....
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