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con contestuale assunzione

English translation: associated taking on

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20:42 Jan 14, 2008
Italian to English translations [Non-PRO]
Law/Patents - Insurance
Italian term or phrase: con contestuale assunzione
Ciao,
This sounds like a typical legal phrase--what is the translation?

...la societa X e stata incorporate nella sua controllante, Y, con contestuale assunzione da parte di quest'ulitma della forma giuridica di "Societas Europaea".

the company X was acquired by its holding company Y, con contestuale assunzione on the part of the latter under the legal structure of Societas Europaea."

Grazie in anticipo.
Paula
English translation:associated taking on
Explanation:
I'd translate the entire thing as something along the lines of ... Company X was taken over by Company Y, and in the process, Company Y took the legal form of of a Societas Europaea.

Basically, company Y decided to become an SE when it took over company X. (Or perhaps it already was.)
Selected response from:

Paul Merriam
Local time: 21:52
Grading comment
Thank you!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +2associated taking onPaul Merriam


Discussion entries: 1





  

Answers


9 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
associated taking on


Explanation:
I'd translate the entire thing as something along the lines of ... Company X was taken over by Company Y, and in the process, Company Y took the legal form of of a Societas Europaea.

Basically, company Y decided to become an SE when it took over company X. (Or perhaps it already was.)

Paul Merriam
Local time: 21:52
Native speaker of: Native in EnglishEnglish
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  Gina Ferlisi
9 hrs

agree  Lilth_84
11 hrs
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