The Spinoff TechnipFMC initially spun off 50.1% of its stake in Technip Energies N.V. in February 2021. For every 5 shares held in TechnipFMC, shareholders received 1 share in the new company. The former parent also planned to substantially cut its stake in Technip Energies within 12-18 months.
Special Situation: Technip Energies N.V.
Special Situation: Technip Energies N.V.
Special Situation: Technip Energies N.V.
The Spinoff TechnipFMC initially spun off 50.1% of its stake in Technip Energies N.V. in February 2021. For every 5 shares held in TechnipFMC, shareholders received 1 share in the new company. The former parent also planned to substantially cut its stake in Technip Energies within 12-18 months.