Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal that will create a leading European ...

Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 shares ...

Saipem and its Norwegian rival did not disclose the financial terms of the deal, which, according to Reuters, is valued at ...

The Kristian Siem-backed, Oslo-listed offshore vessel owner and the Italian oil engineering outfit on Sunday announced a merger that will see Saipem issue Subsea 7 shareholders approximately €4.7bn ...

Saipem and Subsea7 have reached an agreement in principle on the key terms of a potential merger. The merged company will have a global workforce of over 45,000 people, including more than 9,000 ...

Investors’ reaction to the proposed merger of Saipem and Subsea 7 has been very subdued — and negative in the case of the ...

Energy services and drilling specialists Saipem SpA and Subsea7 SA agreed to combine their businesses as consolidation in the ...

Saipem ( OTCPK:SAPMF) ( OTCPK:SAPMY) said Sunday it agreed to merge with rival oilfield services company Subsea7 ( ...

Saipem and Subsea7 have announced a $4.6 billion merger to create a new oil field services giant, Saipem7, with significant ...

Saipem and Subsea7 announce that today they have reached an agreement in principle on the key terms of a possible merger of the two companies1 (the "Proposed Combination") ...

The two contracting giants have reached agreement in principle on key terms of a possible merger through the execution of a ...

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in ...