Italy's Saipem has signed a collaboration agreement with Divento, a consortium led by Plenitude, CDP and Copenhagen ...

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 ...

Italian oil field services provider Saipem has struck a deal to combine its operations with rival Subsea7 in a tie-up worth over $4.6 billion. The new entity, to be named Saipem7, will have ...

Saipem's largest shareholders Eni and CDP Equity ... We sell different types of products and services to both investment professionals and individual investors. These products and services ...

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.

Kepler Cheuvreux upgraded Saipem (SAPMY) to Buy from Hold with a price target of EUR 3.40, up from EUR 3. The firm sees less earnings risk post the the company’s Q4 report. See what stocks are ...

The two players said that Saipem and Subsea7 “exhibit strong geographical and customer-base complementarity” and their combination will enhance the offering of products and services while ...

Energy services and drilling specialists Saipem SpA and Subsea7 SA agreed to combine their businesses as consolidation in the sector picks up after years of sluggish activity. The Italian group ...

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 ...

Energy services firms Saipem and Subsea7 have reached an agreement on the key terms for possible merger of the two companies under one unit to be named Saipem7, whose combined backlog would be ...

Italian energy-services provider Saipem SPM0.88%increase; green up pointing triangle will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company ...