Subsea 7 bids to scupper McDermott-CB&I deal

European rival makes last minute, hostile bid for Houston-based player, but merger with fellow US player still on cards

Open for discussions: Subsea 7 chairman Kristian Siem
Open for discussions: Subsea 7 chairman Kristian Siem
Published 26 April 2018, 23:00Updated 25 April 2018, 19:35