French oil services company Technip said there was no reason for Britain’s exit from the European Union to impact its merger with FMC Technologies – including plans for London to be the legal headquarters of the new group.
Technip had previously announced an all-stock merger with its US rival last month.
The new company, with a combined revenue of $20billion, will have three main headquarters in Paris, Houston and London.
A spokesman said: “There is no reason why Brexit should impact the deal.
“London is a natural place to put the new company.The operational organization on TechnipFMC is clear also and not London dependent.”