Saipem and its Norwegian rival did not disclose the financial terms of the deal, which, according to Reuters, is valued at ...
Investors’ reaction to the proposed merger of Saipem and Subsea 7 has been very subdued — and negative in the case of the ...
Saipem, an Italian company, has agreed to merge its Norwegian competitor Subsea 7 into a global leader in offshore energy services.
Eni, Cdp Equity and Siem Industries, a partner of Subsea7, have signed a memorandum of understanding that includes the ...