CADE approves merger between FMC Technologies and Technip

The Administrative Council for economic defense, CADE endorsed the merger of FMC Technologies and Technip. The connection between the two companies, who hoped to release the organ since may 2016, will promote a definitive change in the global market for oil and gas production.

The Union of business had already been approved by the United States, European Union, India, Turkey, Mexico and Russia. OK here in Brazil was to achieve end of the merger.

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