Alerts
Spinoff Report
New Spin: 3-Years After Merger, FTI Sees Value in Split

After US company FMC Technologies, Inc. merged with French rival Technip SA almost three years ago in a multibillion-dollar deal, global oil and gas company TechnipFMC Plc (FTI) announced this week that it will be splitting into two entities and Spinning off its Onshore/Offshore business by the first half of 2020. 

  • Global Oil Services Company, FTI, Jumps +5% on Break-Up News
  • SpinCo: One of the Largest Pure-Play Engineering and Construction Companies
  • Company DNA Includes Spinoffs / Spinoff Following the LNG Trend
  • Revenue Split 2018: 51% (RemainCo) & 49% (SpinCo)
  • Spinoff Expected to be Completed By 1H 2020 / FTI Enters the Upcoming US Spinoffs Calendar
To continue reading this article and to gain access to other
proprietary research please subscribe to :
Spinoff Report
Institutional Investors:
To subscribe please call us:    USA: +1 (973) 867 7760    UK: +44 (0) 845 459 7103
or click to subscribe to Edge research
Individual Investors:
Click to subscribe to Spinoff Report Lite
Need
Help?
To discuss any upcoming notes or for any urgent
assistance, please contact Jonathan Morgan
+44 (0) 845 459 7103 jm@edgecgroup.com