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sortir du capital de la societe

English translation: sell their shares in the company

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:sortir du capital de la societe
English translation:sell their shares in the company
Entered by: Wendy Cummings
Options:
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09:04 Mar 8, 2007
French to English translations [PRO]
Bus/Financial - Finance (general) / capital
French term or phrase: sortir du capital de la societe
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
Wendy Cummings
United Kingdom
Local time: 21:04
sell their shares in the company
Explanation:
The company being T, a subsidiary of TP
Selected response from:

Emma Paulay
France
Local time: 22:04
Grading comment
Thank you
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +4sell their shares in the company
Emma Paulay


  

Answers


5 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
sell their shares in the company


Explanation:
The company being T, a subsidiary of TP

Emma Paulay
France
Local time: 22:04
Native speaker of: English
PRO pts in category: 51
Grading comment
Thank you

Peer comments on this answer (and responses from the answerer)
agree  xxxDCypher: "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 day12 hrs
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