Glossary entry

French term or phrase:

sortir du capital de la societe

English translation:

sell their shares in the company

Added to glossary by Wendy Cummings
Mar 8, 2007 09:04
17 yrs ago
4 viewers *
French term

sortir du capital de la societe

French to English Bus/Financial Finance (general) capital
Le "Bénéficiaire" bénéficie d’une promesse unilatérale d’achat consentie par TP, lui permettant de sortir du capital de la société T, filiale de TP, sous certaines conditions et modalités.

Does this mean the beneficiary of the purchase offer
can sell up its holding in TP?

Thanks
Proposed translations (English)
4 +4 sell their shares in the company

Proposed translations

+4
5 mins
Selected

sell their shares in the company

The company being T, a subsidiary of TP
Peer comment(s):

agree DCypher (X) : "exit" capital is also possible, but this solution is best. TP will buy the shares in T guaranteeing exit option
5 mins
Thanks, Paul!
agree Vicky Papaprodromou
1 hr
Thanks Vicky
agree Rosene Zaros
4 hrs
agree gabuss : Bravo Emma
1 day 12 hrs
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4 KudoZ points awarded for this answer. Comment: "Thank you"
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