MILAN, Oct 1 (Reuters) – Saipem does not see regulatory risks for its planned merger with Norwegian rival Subsea7, the CEO of the Italian energy contractor said on Wednesday, shrugging off concerns about potential hurdles in the Brazilian market. "We firmly believe that there is no reduction in competition, but rather a better offering, and that the creation of a group (with Subsea7) will greatly benefit our customers around the world," Saipem's Alessandro Puliti said, speaking at the Energy Summit conference in Milan. Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned Brazil's antitrust regulator CADE to intervene in the Saipem-Subsea7 merger, public documents seen by Reuters showed. (Reporting by Francesca Landini, editing by Gavin Jones)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
Our bodies sweat in order to keep cool, but many of us find the feeling…
Berlin (dpa) - Head lice and nits are very common in young children and their…
In September, Novo Nordisk is set to launch its Wegovy weight-loss drug in tablet form…
Berlin (dpa) - In a latest indication that scientists are making progress against Parkinson’s disease,…
The Hollywood Vampires, fronted by Alice Cooper and Johnny Depp, use their music to pay…
The Hollywood Vampires, fronted by Alice Cooper and Johnny Depp, use their music to pay…