Saipem, Subsea 7 Undergo EU Antitrust Investigation
AI Summary
The merger between Italian energy contractor Saipem and Norwegian peer Subsea 7 is undergoing a full-scale EU antitrust investigation due to competition concerns.
Italian energy contractor Saipem's merger with Norwegian peer Subsea 7 is set to face a full-scale EU antitrust investigation because of competition concerns about the deal…