TechnipFMC (FTI) to Separate Into Two Independent, Publicly Traded Companies

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TechnipFMC Intends to Create Two Industry-Leading, Independent, Publicly Traded Companies

August 26, 2019 11:42 AM EDT

Management to host a teleconference today, August 26, 2019
6 p.m. London time (1 p.m. New York time)

Creating two diversified pure-plays to drive additional value for all stakeholders Enabling both companies to capitalize on distinctive markets and growth opportunities Separation expected to be completed in the first half of 2020

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)-- Regulatory News:

TechnipFMC plc (NYSE: FTI) (Paris: FTI) today announced its Board of Directors has unanimously approved its plan to separate into two... More