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Sensor maker TE Connectivity shifts jurisdiction to Ireland
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Sensor maker TE Connectivity shifts jurisdiction to Ireland
Mar 18, 2024 2:30 PM

March 18 (Reuters) - Sensor maker TE Connectivity ( TEL )

said on Monday it would change its jurisdiction of

incorporation to Ireland from Switzerland and plans to merge

with its Ireland unit.

The company's registered shares currently listed on the New

York Stock Exchange will be delisted and canceled. The ordinary

shares of its subsidiary TE Connectivity Ireland received as

part of the merger will be listed and traded on the NYSE.

The merger is subject to approval from shareholders.

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