Cadeler A/S Sponsored ADR (CDLR) has released an update.
Cadeler A/S, a prominent supplier in the offshore wind industry, is contemplating a strategic move to re-domicile its parent company to the United Kingdom, aiming to capitalize on the UK’s favorable corporate environment. The decision is pending a detailed analysis of legal, tax, and other implications, with the goal of enhancing marketability and investor diversity. The company expects that such a change would align with its business strategy and potentially be completed by the first half of 2025, subject to necessary approvals.
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