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Stock Market & Financial Investment News

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May 20, 2014
08:34 EDTPNRPentair holders approve change in place of incorporation to Ireland
Pentair announced that its shareholders voted to approve changing the place of incorporation of the publicly traded parent company of Pentair from Switzerland to Ireland. Based on the results of the extraordinary general meeting of Pentair shareholders, approximately 99% of Pentair's common shares voted at the meeting were voted in favor of the merger agreement pursuant to which the change in the place of incorporation will be effected. Pentair currently expects the change of the place of incorporation to be finalized during the week of June 1, subject to certain governmental approvals.
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