(Bloomberg) -- TechnipFMC is suspending its plan to split into two entities as the current environment is not conducive due to volatile stock markets and the sharp fall in commodity prices, the company said in a statement.
The company said it remains committed to the transaction and will ensure that it is ready for the spin-off when the markets are sufficiently recovered.
French Govt Stake in Technip to Triple After Spin Off: BFM
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