May 6 (Reuters) - BPIFRANCE/Technip Energies NV TE.PA:
BPIFRANCE LAUNCHES THE DISPOSAL OF 3.57M SHARES OF TECHNIP ENERGIES VIA AN ACCELERATED BOOKBUILDING PROCESS
BPIFRANCE ANNOUNCES TODAY THE LAUNCH OF THE DISPOSAL OF 3.57 MLN SHARES OF TECHNIP ENERGIES REPRESENTING 2.0 % OF TECHNIP ENERGIES’ SHARE CAPITAL
FOLLOWING THE PLACEMENT, BPIFRANCE WILL RETAIN CIRCA 8% OF TECHNIP ENERGIES’ SHARE CAPITAL
THIS TECHNIP ENERGIES' PLACEMENT IS LED BY MORGAN STANLEY AND SOCIÉTÉ GÉNÉRALE
Following completion of this transaction, Bpifrance will retain its representative on Technip Energies’ Board of Directors.
Further company coverage: TE.PA
(Reporting by Sudip Kar-Gupta)
((sudip.kargupta@thomsonreuters.com;))