Glossary entry

Dutch term or phrase:

overname uit faillissement

English translation:

acquired from bankruptcy

Added to glossary by Dave Calderhead
Aug 7, 2006 07:22
17 yrs ago
2 viewers *
Dutch term

overname uit faillissement

Dutch to English Bus/Financial Business/Commerce (general)
Profile of a technology group, which includes company X, for a general-interest magazine so the emphasis is on fluency rather than accurate rendition. Would "rescued from bankruptcy" convey the right meaning here?

De meest succesvolle 'turnaround' tot dusver is ongetwijfeld X: nauwelijks een jaar na **overname uit faillissement** was het bedrijf weer winstgevend om een jaar later in Düsseldorf op de internationale vakbeurs drupa 2004 te schitteren met een nieuwe kleurendrukpers, de X 5000, uitgeroepen tot 'hottest product of 2004'.

Discussion

Dave Calderhead Aug 8, 2006:
acquired from bankruptcy is actually the usual financial reporting term -
I thought you wanted something more emotive, such as your rescued from bankruptcy which is not a literal trnslation but does have a rather nice ring to it.
MoiraB (asker) Aug 8, 2006:
Sorry, Dave (and Suzan) - forgot to actually thank you for helping me out!

Proposed translations

1 hr
Selected

salvaged from bankruptcy

as another alternative to your rescued from bankruptcy, although the acquisition does suggest 'bought out of bankruptcy' perhaps
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4 KudoZ points awarded for this answer. Comment: "Think I'll opt for your 'bought out of bankruptcy' or perhaps 'acquired out of bankruptcy', which gets even more hits."
2 hrs

takeover after bankruptcy

This is a quite literal but I think apt. Company X went bankrupt and was then taken over (by another company) and made profitable by that company.

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Note added at 2 hrs (2006-08-07 09:53:31 GMT)
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Forgot the word "translation" after "apt." I really should have my coffee before I try to answer questions.
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