Subsea 7 obtains competition clearance in Brazil

Company News - December 8, 2011

| More

Subsea 7 has announced that antitrust clearance has been granted from the relevant Brazilian authorities.

On July 9, 2010 Acergy SA and Subsea 7 Inc submitted their application to the Brazilian antitrust authorities.

On November 23, 2011 unconditional clearance was issued unanimously by the board of
the Administrative Council for Economic Defense (CADE), the Brazilian antitrust deciding entity.

The clearance completes the regulatory approvals required from the relevant antitrust authorities in certain jurisdictions regarding the combination of Subsea 7 SA (formerly Acergy SA) and Subsea 7 Inc.

More articles from this category

More news

Categories

Product Guide

News Letter

Fill in your name, company and e-mail address below for our bi-weekly newsletter.

Subscribe
Unsubscribe

Clarksons

Powered by MARIS.

Subscribe to Offshore Shipping News Online RSS

Follow Offshore Shipping News Online on Twitter

Subscribe to email updates

Sponsors

sponsorsponsorsponsor

Events

9th Deepwater China Convention 2014
24-25 April 2014
China, Shenzhen.

FPSO Topsides Design and Layout
29-30 April 2014
United kingdom, London.

Subsea Vessels Conference
29-30 April 2014
Norway, Oslo.

OSV Chartering Contract Management Middle East
29-30 April 2014
United arab emirates, Dubai.

Subsea Power Cables
30 April-01 May 2014
United kingdom, London.

More events