MILAN, Feb 23 (Reuters) - Italian oil services company Saipem SPMI.MI said on Sunday that it will merge with Norwegian rival Subsea 7 (SUBC.OL), opens new tab in a deal valued at about $4.63 billion.

MILAN, Feb 26 (Reuters) - The rationale for a merger between Italy's Saipem (SPMI.MI), opens new tab and Norway's Subsea 7 (SUBC.OL), opens new tab is to combine the fleets of the two energy ...

Saipem struck an agreement in principle on the key terms of a potential acquisition of Subsea7, which would result in a combined company called Saipem7. Image by LeManna via iStock Saipem SpA has ...

Saipem and Subsea7 are highly complementary in terms of market offerings and geographies. The combination would enhance value for shareholders, and all stakeholders, both in the current market and ...

Italy’s Saipem and Norway’s Subsea7 have reached an agreement to merge the two companies, to create an industry leader in global energy services. The two contracting giants have reached an agreement ...

Italian oil services company Saipem is close to a merger with Norwegian rival Subsea7, Italian newspaper La Repubblica on Sunday reported without naming sources. The potential deal would create an ...