Houston Business News - Local Houston News | Houston Business Journal: TechnipFMC sells more interest in spinoff co. Technip Energies
The deal resets a 60-day lockup period on TechnipFMC’s interest in the spinoff company’s shares.
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Houston Business News - Local Houston News | Houston Business Journal: TechnipFMC completes spinoff of Technip Energies
Shares of Technip Energies’ stock soared as much as 54% in the spinoff’s first day of trading on Feb. 16, according to reports.
Read MoreHouston Business News - Local Houston News | Houston Business Journal: TechnipFMC to complete delayed Energies spinoff by April
TechnipFMC will distribute a majority interest in the spinoff company to its shareholders by April and sell more of its remaining stake by June.
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