Saipem announces expiration of HSR Act waiting period for merger
The waiting period under the U.S. Hart-Scott-Rodino Act has expired, allowing the parties to close the transaction in the U.S. subject to other approvals.
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Engineering and construction company for energy and infrastructure
saipem.comLast updated
In short: Saipem revised its 2026 EBITDA guidance downward due to Middle East crisis costs, despite reporting strong first-half revenue growth.
The waiting period under the U.S. Hart-Scott-Rodino Act has expired, allowing the parties to close the transaction in the U.S. subject to other approvals.
It replaces a €600 million facility and supports the merger with Subsea7.
Revenue reached €7.3 billion and adjusted EBITDA rose 9% to €836 million, with new contracts of €5.7 billion.
One offshore for Eni's Baleine Phase 3 in Ivory Coast, one onshore for Enilive's biorefinery in Venice.
(Teleborsa) - Saipem announced today that, in relation to the proposed merger with Subsea 7, the applicable terms provided by the U.S. ... have expired.
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