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https://seekingalpha.com/article/4763009-saipem-probably-leaving-value-on-the-table-in-subsea-7-merger [Seeking Alpha]
SUBSEA 7 S.A. S/ADR (SUBCY)
More Company Research
Source: Seeking Alpha
NASDAQ:AMEX Investor Relations: subsea7.com/en/investor-relations.html
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Saipem's EBITDA is undervalued compared to Subsea 7, despite similar offshore activities and less leverage, which gives them the worse hand in the 50:50 Subsea 7 merger
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