Technip, FMC Technologies to combine into TechnipFMC

摘要

Technip and FMC Technologies have announced that the companies will combine into one company under the name TechnipFMC, which would have an equity value of $13 billion based on pre-announce-ment share prices. The companies have entered into a memorandum of understanding (MOU) and expect to execute a definitive business combination agreement to combine the companies in an all-stock merger transaction.