Latest / Prysmian Daily News Update
Saipem7 Rises, BYD Beats Tesla, Intel Eyes Apple - Sep 25, 2025
As of September 25, today’s news highlights significant developments in the energy and automotive sectors, alongside notable corporate moves and regulatory discussions. In a major corporate update, Saipem received approval from its shareholders for a merger with Norwegian contractor Subsea7, which will create an offshore energy services leader named Saipem7. The combined entity will boast an impressive order backlog of 43 billion euros and annual revenues approximating 21 billion euros, along with core earnings exceeding 2 billion euros. This merger reflects ongoing consolidation trends…
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