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French to English translations [PRO] Bus/Financial - Business/Commerce (general) / shares/shareholding | | French term or phrase: d’une participation indirecte | Pls see below for a tender, regarding shares and shareholding, not sure of the correct equivalent for this, thanks (indirect shares sounds funny to me or holds shares indirectly)
Dans le cadre d’un partenariat public-privé, (company), la (company) et le Fonds (fund) pourraient contribuer de trente-cinq pour-cent xx% au capital de la société de Projet.
S’il s’agit d’une participation
indirecte, l’Offre doit également inclure une description de la chaîne d’actionnariat (y compris le nom complet, la forme de société, le capital social, le pays de constitution et les pourcentages de participation de chaque société de la chaîne) certifiée exacte et complète par un dirigeant du Soumissionnaire concerné. |
| | | indirect holding | Explanation: Fairly straight translation, and also inthe GDT.
And there's even a Wiki:
The indirect holding system (also multi-tiered holding system) is a system of securities clearance, settlement and ownership system most widely used in the world today. It consists of one or more tiers of intermediaries between issuer and investor. It is an evolution from the "direct holding system" in which owners of securities had a direct relationship with the issuer.
http://en.wikipedia.org/wiki/Indirect_holding_system
But, as with many "il s'agit de..." constructions, some rephrasing is in order. Perhaps, "If shares are held indirectly..." |
| Selected response from: cc in nyc Local time: 03:30
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4 hrs confidence:   indirect holding
Explanation: Fairly straight translation, and also inthe GDT.
And there's even a Wiki:
The indirect holding system (also multi-tiered holding system) is a system of securities clearance, settlement and ownership system most widely used in the world today. It consists of one or more tiers of intermediaries between issuer and investor. It is an evolution from the "direct holding system" in which owners of securities had a direct relationship with the issuer.
http://en.wikipedia.org/wiki/Indirect_holding_system
But, as with many "il s'agit de..." constructions, some rephrasing is in order. Perhaps, "If shares are held indirectly..."
| cc in nyc Local time: 03:30 Specializes in field Native speaker of: English PRO pts in category: 149
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