Technip, FMC secure last regulatory approval

Technip, FMC secure last regulatory approval
Image courtesy of FMC Technologies

French LNG-engineer Technip and Houston-based FMC Technologies said that TechnipFMC secured a visa from the French stock market regulator for its prospectus for the listing of shares on Euronext Paris regulated market. 

According to a joint statement by the two companies, the prospectus was prepared as part of the admission to trading on Euronext Paris of all the ordinary shares of TechnipFMC that will be issued in connection with the completion of the combination between FMC Technologies and Technip.

The visa issued by the Autorité des Marchés Financiers (AMF) was the last remaining regulatory approval required in connection with the closing of the combination of the two companies.

The merger is now set to be completed after the close of business on Monday, January 16, which is the last day on which Technip shares will be traded on Euronext Paris. The last day of trading of the FMC Technologies shares on the NYSE would be January 13, 2017, the two companies said.

Prior to receiving the AMF visa, the merger was cleared by antitrust authorities in the United States, the European Union, India, Turkey, Mexico, Russia, and Brazil.

Share this article

Follow LNG World News

Events>

<< Jan 2019 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

Gas to Power APAC Congress 2019

The Gas to Power APAC Congress will bring together regional government officials and senior representatives from regulators…

read more >

2nd CWC Japan LNG & Gas Summit

The highly successful CWC Japan LNG & Gas Summit returns for a second year from 19-20 February 2019 in Tokyo, Japan…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >