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OFS - TechnipFMC looking to divide less than three years after merger - August 2019

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After less than three years as a combined company, TechnipFMC is looking to split in two. The transaction is expected to be structured as a spin-off of TechnipFMC’s Onshore/Offshore segment to be headquartered in Paris, with its Subsea and Surface Technologies segments remaining in a company based in Houston. The change will not represent a true undoing of the $6.76 billion 50:50 merger of Technip and FMC Technologies that closed in January 2017 as......
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