TechnipFMC Confirms Planned Schedule For Separation into Two Companies

摘要

Paris—TechnipFMC reaffirmed that its planned transaction to separate into two companies, TechnipFMC (RemainCo) and Technip Energies (SpinCo), is well on track for completion in the second quarter of 2020 (PCN, 4 Nov 2019, p 4). Once separated, TechnipFMC will be a fully-integrated technology and services provider, while Technip Energies will be "one of the largest" engineering and construction pure-plays, the company noted.