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Gold/Mining/Energy : FMC Technologies
FTI 42.01+1.6%11:24 AM EST

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From: JakeStraw11/20/2008 8:09:06 AM
of 20
 
FMC Technologies Acquires Interest in Roxar ASA
biz.yahoo.com
Thursday November 20, 3:44 am ET

HOUSTON--(BUSINESS WIRE)--FMC Technologies Inc. (NYSE:FTI), acting through its wholly owned subsidiary, FMC Kongsberg Holdings AS, and with the assistance of DnB NOR Markets, has acquired 25,000,000 shares in Roxar ASA, representing 10.26% of Roxar’s outstanding share capital.

Roxar is a strategic supplier to FMC Technologies of components for subsea and other applications and this transaction will strengthen the relationship between the companies.
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