Mergers & Acquisitions ·
Scorpio Holdings reduces direct stake in Cadeler to zero following share exchange offer settlement
CDLRCadeler A/S
Cadeler A/S received a major shareholder notification stating that Scorpio Holdings Limited and Scorpio Services Holding Limited have tendered approximately 12.78% of its shares in connection with the final results of an offer related to the redomiciliation of Cadeler Group’s parent company from Denmark to the United Kingdom. As a result, these entities no longer hold any direct shares or voting rights in Cadeler A/S. However, they will continue to hold approximately 13.89% of the total share capital and voting rights in the new UK-listed parent entity, Cadeler plc, following the settlement. The remaining shareholders who did not tender their shares retain their stakes in the Danish entity. Cadeler A/S is a global leader in offshore wind turbine transport and installation.