Quick Summary
The Competition Commission of India (CCI) approves the proposed combination in involving to acquisition of stake in Technip Energies B.V. by Bpifrance Participations S.A. Pursuant to the Share Purchase Agreement dated 7thJanuary 2021 between the TechnipFMC plc (Seller) and the Bpifrance Participa
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FAQ :
The Competition Commission of India (CCI) has approved the proposed combination.
Bpifrance Participations S.A. is acquiring the stake.
The company is Technip Energies B.V.
Bpifrance will acquire a minimum of 11.82% and a maximum of 17.25% of Technip Energies B.V.'s outstanding shares.
Technip Energies is an engineering and technology company focused on the energy transition, offering design and project development services. It is engaged in services for chemical, refining, petrochemical, oil and gas, and other allied industries.
No, Bpifrance does not directly undertake any business activities in India.
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