- American City Business Journals•7 hours ago
Two oil field services companies are inching closer to completing their merger. Houston-based FMC Technologies Inc. (FTI) and Paris-based Technip agreed to hold their shareholder meetings Dec. 5 to vote on the combination of the two companies, according to a release. TechnipFMC, the combined company's name, is expected to have five business units: surface, subsea services, products, subsea projects and onshore/offshore.
- PR Newswire•yesterdayTechnip and FMC Technologies Combination: FMC Technologies and Technip to Each Hold Shareholders Meetings to Approve Combination on December 5, 2016
PARIS and HOUSTON, Oct. 25, 2016 /PRNewswire/ -- Technip (TEC.PA) and FMC Technologies, Inc. (FTI) today announced that the companies have scheduled their respective shareholders' meetings on December 5, 2016 to vote on the proposed combination of Technip and FMC Technologies. Technip's board of directors convened a general meeting of Technip shareholders for December 5, 2016 to vote on the proposed combination, as well as a special meeting of Technip shareholders that hold double voting rights to vote on the removal of the double voting rights, subject to the completion of the proposed combination. FMC Technologies will hold a special meeting of shareholders on December 5, 2016 to vote on the proposed combination.
Technip SA (TEC.PA)
Paris - Paris Delayed Price. Currency in EUR
|Bid||49.50 x 600000|
|Ask||50.20 x 20000|
|Day's Range||59.19 - 60.63|
|52wk Range||35.11 - 62.40|
|1y Target Est||N/A|
|P/E Ratio (ttm)||13.93|
|Avg Vol (3m)||890,590|
|Dividend & Yield||N/A (N/A)|