24-06-2016 11:44 via uk.news.yahoo.com

Technip says London still natural HQ of TechnipFMC despite Brexit vote

French oil services company Technip said on Friday there was no reason for Britain's exit from the European Union to impact its merger with FMC Technologies , including plans for London to be the legal headquarters of the new group. Technip announced an all-stock merger with U.S. rival FMC Technologies in May to create an oil services group with combined revenue of $20 billion (15 billion pounds). The new entity will have a complex structure, with three main headquarters, in Paris, Houston and L
Read more »