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Olé Elan
Citi reports that its Global Transaction Services business, acting through Citibank N.A., has been appointed by Elan Corporation, a biotechnology company headquartered in Ireland, as the successor depositary bank for its American Depositary Receipt (ADR) programme.
Elan's ADRs trade on the New York Stock Exchange under the symbol 'ELN', with each ADR representing one ordinary share. Elan's ordinary shares are listed on the Irish Stock Exchange.
Posted at 11:13 AM in Articles, News & Comment | Permalink