Closing date set for FMC and Technip's multibillion-dollar merger

December 22, 2016

After months of negotiations, Houston-based FMC Technologies Inc. (NYSE: FTI) and Paris-based Technip SA’s multibillion-dollar merger finally has an end date.

The two companies plan to wrap up the merger Jan. 16, according to a release. The announced date comes after the chancery division of the High Court of Justice of England and Wales approved the deal.

Shares of TechnipFMC, the combined company’s name, is planned to start trading on Jan. 17. Earlier this month, shareholders of both companies…

Houston Biz Journal
Closing date set for FMC and Technip's multibillion-dollar merger

Comments are closed.

Shrimp Tank © 2015