Aker Solutions ASA: Competition authorities approve subsea joint venture between Aker Solutions, SLB and Subsea7
August, 4 2023 – Reference is made to the stock exchange release August 30, 2022 regarding the agreements to form a subsea joint venture with SLB and Subsea7. Closing is subject to regulatory approvals. Following clearance as of today by antitrust authorities in Brazil, all regulatory approvals/clearances required to close the transactions have been obtained, including required clearances in Angola, Mozambique, Australia, Norway, the United Kingdom and the United States. All approvals/clearances obtained are unconditional. The joint venture is planned as a milestone in subsea