Börsenmantel

English translation: company shell

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Börsenmantel
English translation:company shell
Entered by: Ralf Lemster

14:26 Mar 12, 2002
German to English translations [PRO]
Bus/Financial
German term or phrase: Börsenmantel
Möglich machte dies (the listing of X on the stock exchange) der erworbene Börsenmantel der am Geregelten Markt in Hamburg und München notierenden X AG durch die X AG
Clare Coupland (X)
company shell
Explanation:
This refers to a company that exists but is no longer used - the advantage for the acquiring company is that it saves on foundation and especially on listing cost.

Examples are Gold-Zack and WCM AG.
Selected response from:

Ralf Lemster
Germany
Local time: 12:31
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2company shell
Ralf Lemster


  

Answers


22 mins   confidence: Answerer confidence 5/5 peer agreement (net): +2
company shell


Explanation:
This refers to a company that exists but is no longer used - the advantage for the acquiring company is that it saves on foundation and especially on listing cost.

Examples are Gold-Zack and WCM AG.


    Own professional experience in the financial markets
Ralf Lemster
Germany
Local time: 12:31
Native speaker of: German
PRO pts in pair: 2684

Peer comments on this answer (and responses from the answerer)
agree  swisstell: absolutely! Sold one myself long ago.
22 mins

agree  Barbara Schulten, MSc (OXON), DPSI
34 mins
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