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Saipem, Subsea7 get EU foreign subsidies approval for tie-up

By Jean Comte ( June 29, 2026, 19:54 GMT | Insight) -- Energy services companies Saipem and Subsea7 received the European Commission's foreign subsidies approval for their intended merger, according to an update on the regulator's register of deals on Monday. The tie-up is still being scrutinized by the same institution under its merger control powers.Energy services companies Saipem and Subsea7 received the European Commission's foreign subsidies approval for their intended merger, according to an update on the regulator's website on Monday....

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