English translation: currently gaining a majority stake in...
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07:07 Sep 11, 2001
German to English translations [PRO] Bus/Financial
German term or phrase:Majorisierung
derzeit erfolgt eine Majorisierung der Anteile bei....concerning the stakes in a plc
Explanation: stagging / Majorisierung:
Applying to several banks at once for newly issued shares or bonds in strong demand in the hope of securing a sizeable allotment. A stag is a speculator engaging in this practice.