Finance

Companies ask Brazilian watchdog to block Saipem-Subsea7 merger

Proposed merger could affect competition and increase costs, companies petitioning antitrust regulator

Brazilian antitrust regulator Cade president Gustavo Lima.
Brazilian antitrust regulator Cade president Gustavo Lima.Photo: CADE
South America CorrespondentRio de Janeiro
Published 24 September 2025, 16:05Updated 24 September 2025, 16:05
BrazilPetrobrasSaipemSubsea7TechnipFMC