March 15, 2020 / 5:32 PM / 21 days ago

BRIEF-Technipfmc Provides Update On Planned Separation

March 15 (Reuters) - TechnipFMC PLC:

* TECHNIPFMC PROVIDES UPDATE ON PLANNED SEPARATION

* TECHNIPFMC-IMPACT OF COVID-19 CREATED MARKET ENVIRONMENT THAT IS NOT CONDUCIVE TO CO’S PLANNED SEPARATION INTO TECHNIPFMC AND TECHNIP ENERGIES, NOW

* TECHNIPFMC- CO REITERATES THAT THE STRATEGIC RATIONALE FOR THE SEPARATION REMAINS UNCHANGED

* TECHNIPFMC-CO COMMITTED TO TRANSACTION,CONTINUES PREPARATIONS TO ENSURE THAT TWO COMPANIES ARE READY FOR SEPARATION WHEN MARKETS SUFFICIENTLY RECOVER Source text for Eikon: Further company coverage:

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