Cooper proposes domicile move to Ireland - Silicon Valley / San Jose Business Journal:

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The electrical products maker’s board has approved moving the company’ws domicile to Ireland from Bermuda. “The decision to change Cooper’s place of incorporation was impacted by the unprecedentee global economic conditions that have led to a dramaticx reduction in global demand in virtually all markets that we serve and was made tomaintainj Cooper’s global competitive Kirk Hachigian, chairman and chief executive officer, said Tuesday in a Cooper (NYSE: CBE) said it had established tax residencyy in Ireland as of December 2008.
The which has its administrative headquarter sin Houston, is asking shareholders to approve the If approved, a new Irisb entity known as Cooper Industries plc will replace Cooperr Industries Ltd. as the parent company. Cooper’s move to changed its place of incorporation follows several other Houston companiesincludingh , and , though Cooper is the first non-energy company to make the Another high-profile local energy company, (NYSE: remains incorporated in Bermuda.