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    <title>CCI approves proposed combination in acquisition of stake in Technip Energies B.V. by Bpifrance Participations S.A</title>
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    <description>The Competition Commission of India approved a proposed combination in which Bpifrance Participations S.A. will acquire a specified minority stake in Technip Energies B.V., increasing its shareholding within a stated range. The Acquirer is an investment group indirectly owned by EPIC Bpifrance and the CDC group and does not directly conduct business in India. The Target, part of the TechnipFMC group, provides EPC and related engineering, consultancy, fabrication, supply, erection and commissioning services and internal support services in India. A detailed regulatory order will follow.</description>
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    <pubDate>Fri, 26 Feb 2021 10:53:43 +0530</pubDate>
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      <description>The Competition Commission of India approved a proposed combination in which Bpifrance Participations S.A. will acquire a specified minority stake in Technip Energies B.V., increasing its shareholding within a stated range. The Acquirer is an investment group indirectly owned by EPIC Bpifrance and the CDC group and does not directly conduct business in India. The Target, part of the TechnipFMC group, provides EPC and related engineering, consultancy, fabrication, supply, erection and commissioning services and internal support services in India. A detailed regulatory order will follow.</description>
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