Finance

Saipem-Subsea7 merger plan draws muted market reaction

Saipem share price falls and Subsea7's edges up despite benefits from huge new fleet of vessels

Saipem chief executive Alessandro Puliti.
Saipem chief executive Alessandro Puliti.Photo: SAIPEM
London/New Delhi
Published 24 February 2025, 12:54Updated 24 February 2025, 15:55
SaipemSubsea7Alessandro PulitiJohn EvansAfrica