Deal overview
| Target | SUBSEA 7 SA |
|---|---|
| Bidder | SAIPEM SPA |
| Price | £100.00 Full version or £25.00 Light version |
| Publication Date | Feb 23, 2025 |
| Abstract | On 23 February 2025, it was announced that the quoted Italian oil and gas services group Saipem SpA ("Saipem") had entered into an agreement to acquire its Oslo listed peer, Subsea 7 SA ("Subsea7"). Saipem would acquire Subsea7 for a share exchange ratio of 6.688 new Saipem shares for each Subsea7 share. The terms of the offer, including a special dividend of €450 million ... |
| Number of pages (Full version) | 10 |
| Number of pages (Light version) | 2 |
| Format | Adobe Acrobat (Download Acrobat Reader) |
| Free Sample | Click Here to Download |
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