Saipem-Subsea7 lead Brazil CADE councilor holds internal meetings to discuss deal

By Flavia Fortes ( October 20, 2026, 15:33 GMT | Comment) -- The lead councilor reviewing Saipem’s proposed acquisition of Subsea7 at Brazil’s competition authority has met internally with the agency’s prosecutors and economists to discuss the transaction. Officials also met again with European Commission staff and the parties as the review deadline approaches. There is still no public indication that remedies are being considered, though CADE’s Tribunal can impose conditions unilaterally without a negotiated settlement. The lead councilor reviewing Saipem’s proposed acquisition of Subsea7 at Brazil’s competition authority has met internally with the agency’s prosecutors and economists to discuss the transaction....

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