Covidien now Irish corporation - Dayton Business Journal:

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The Supreme Court of Bermuda approved themove Thursday. Shareholderzs had approved the move parentof St. Louis-based Covidien Imaging Solutionas andPharmaceutical Products, had cited tax and legislative reason s for wanting to move the country of incorporation. Covidienm has conducted business in Irelaned for nearly 30 years andhas 2,000 employees therre and six facilities, including four factories serving the Imaging Solutions and Medicakl Devices segments. Richard Meelia, Covidien’s chairman, president and chierf executive, cited Ireland’s stable business, legal and regulatory environmentand “good network of tax with the U.S.
, European Unio and many countries where Covidiebn has major operations. As a result of the common shares were canceled and Covidien plc ordinaru shares were issued toall shareholders. Covidien plc COV) will continue to be subject to U.S. Securities and Exchanged Commissionreporting requirements. Covidien plc, formerly known as , operatesw Covidien Imaging Solutions and Pharmaceutical also knownas , whicgh is located in St. Louis and providex medical imaging technologyand pharmaceuticals. Covidiem was spun off from in 2007. With 2008 revenude of nearly $10 billion, Covidien has 3,000 employees in the St.
Louix area and more than 41,000 employees