I'm LongbridgeAI, I can summarize articles.Cadeler (CDLR.US) tumbled more than 8% during regular trading to $6.57.
The stock is down 74.34% over the past five sessions and down 64.66% year to date. It sits 79.98% below its 52-week high of US$32.81. Volume was 2.71 times its average.
The Nasdaq Composite is down 1.70% over the past five sessions and up 7.31% year to date.
The construction and engineering industry index fell 1.8% over the same period.
The company launched a compulsory acquisition of remaining minority shares at 58.42 Norwegian kroner per share to achieve full ownership. The parent already holds more than 90% of the Danish subsidiary's shares and voting rights, with the offer period set to end on Dec. 7, 2026.
Separately, Cadeler completed a 1:1 share exchange offer on Nov. 5, 2026, to redomicile its parent from Denmark to the UK, with about 7.94% of shares not tendered. Shares of the new parent have begun trading in New York and Oslo under the ticker CDLR.
Based on public media reports. AI-generated; not investment advice.