Subsea 7 ( ($GB:0OGK) ) just unveiled an announcement. Subsea 7 has announced an extraordinary general meeting (EGM) to discuss a proposed merger ...

Italy's Saipem and its Norwegian rival Subsea7 announced on Thursday a merger to form a leading global player in offshore ...

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Energy services firms Saipem and Subsea7 have signed a binding merger agreement to create a leading energy services company ...

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW Transaction structure and terms confirmed in line with ...

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW Luxembourg – 24 July 2025 – Subsea 7 S.A. (Oslo Børs: ...

Subsea 7 S.A. (OTCPK:SUBCY) is getting merged with Saipem SpA (OTCPK:SAPMF), a pretty similar business though with more onshore EPC activities and also some EPC for other infra projects in the mix.

Saipem signed a binding merger deal to acquire Subsea7 and thereafter rebrand into Saipem7, which would operate 'a full ...

The new company, to be named Saipem7, is expected to generate $24.7bn in revenues and an order backlog worth $50.6bn ...

Alessandro Puliti, Saipem's Chief Executive, said in a press conference that the strategic rationale for combining Subsea 7 and Saipem fleets is to better serve customers, faster, and with lower ...

As mentioned, Saipem had a lower multiple at the moment when the merger between them and Subsea 7 was announced. However, the merger stipulated that the merged company would be owned 50:50 by each ...

Detailed price information for Subsea 7 S.A. ADR (SUBCY) from The Globe and Mail including charting and trades.