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TechnipFMC sells a 9.9% stake in Technip Energies to HAL Investments

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PARIS (Reuters) -Energy group TechnipFMC said on Friday it had sold a 9.9% stake in French oil and gas services provider Technip Energies to Dutch investment company HAL Investments for 196.2 million euros ($233.03 million) through a private transaction.

TechnipFMC said in a statement it had sold its stake at a price of 11.15 euros per Technip Energies share.

TechnipFMC would keep a 12.3% stake in Technip Energies, it also said, adding HAL Investments has agreed to a lock-up of 180 days.

($1 = 0.8420 euros)

(Reporting by Matthieu Protard; Editing by Rashmi Aich and Susan Fenton)

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