Cadeler A/S Sponsored ADR (CDLR) has released an update.
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Cadeler A/S has announced a significant change in shareholding after Swire Pacific Limited sold 12,353,125 shares to institutional investors, reducing its stake to 4.99% of Cadeler’s total share capital and voting rights. The sale was conducted at a price of 64 NOK per share, and Swire Pacific Limited has agreed to a 30-day lock-up period post-transaction. Cadeler, a specialist in offshore wind installation and maintenance, emphasizes its commitment to safety and environmental standards in the renewable energy sector.
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