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Ensco Announces Plan to Change Corporate Structure
"Under the proposed plan, Ensco’s legal domicile would change from Delaware to the U.K., where the corporate headquarters would be relocated. Ensco has substantial operations in the U.K. and most of the Company’s senior executive officers would be based in the U.K. under the contemplated restructuring..."
"...allow Ensco to benefit from the U.K.’s developed tax regime and extensive tax treaty network, and potentially achieve a global effective tax rate comparable to that of some of Ensco’s global competitors..."
