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Merger Update: Subsea7 S.A. / Saipem S.p.A.

RNS Announcement

RNS Number : 0928B

Competition and Markets Authority

30 September 2025

Start of CMA Merger Investigation: Anticipated merger between Subsea7 S.A. and Saipem S.p.A.

The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

The CMA announced the launch of its merger inquiry by notice to the Parties on 30 September 2025 and has a deadline of 25 November 2025 for its phase 1 decision.

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RNS metadata

Title: Merger Update: Subsea7 S.A. / Saipem S.p.A.
Time: 13:00:00
Date: 30 Sept 2025
Category: Acquisitions and alliances
ID: 0928B