Home » Economy » TechnipFMC sells around 5% of Technip Energies’ capital for 118.4 million euros – 01/11/2022 at 09:25

TechnipFMC sells around 5% of Technip Energies’ capital for 118.4 million euros – 01/11/2022 at 09:25

by Alexandra Hartman Editor-in-Chief
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TECHNIPFMC SELLS APPROXIMATELY 5% OF TECHNIP ENERGIES ‘CAPITAL FOR 118.4 MILLION EUROS

PARIS (Archyde.com) – TechnipFMC announced Monday the sale of 9 million Technip Energies shares, representing around 5% of the capital, via a private placement.

The placement was made at a price of 13.15 euros per share for a total gross amount of 118.4 million euros.

At the end of the transaction, TechnipFMC will only own 7% of Technip Energies.

(Written by Camille Raynaud)

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