FMC Technologies Inc. and Technip SA will combine. Their respective shareholders voted Dec. 5 to approve the proposed business combination, the transaction for which is scheduled to close in early 2017.
The proposed combination of the subsea systems provider and the energy project management company remains subject to regulatory approvals and consents, and closing conditions.
The completion date will be set by an order of the Chancery Division of the High Court of Justice, expected Dec. 21, according to English law.
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