oppgjør i aksjer

English translation: settlement in shares

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:oppgjør i aksjer
English translation:settlement in shares
Entered by: Plamen Nenchev

08:59 May 13, 2011
Norwegian to English translations [PRO]
Bus/Financial - Business/Commerce (general) / Mergers & Acquisitions
Norwegian term or phrase: oppgjør i aksjer
X ble solgt til Y i desember 2010, med oppgjør i aksjer i Y.

Salget av X skjedde med oppgjør i 2 mill. aksjer i Y.

Okay, this is some kind of equity conversion scheme where the parent company does not get cash in return for the sale of the subsidiary but stock in the buyer. I can't think of the proper English term for this though...
Plamen Nenchev
Bulgaria
Local time: 19:53
settlement in shares
Explanation:
Even payment in shares would work for me.
Selected response from:

Per Bergvall
Norway
Local time: 19:53
Grading comment
Well, as simple as that, thanks a lot!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4settlement in shares
Per Bergvall


  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
settlement in shares


Explanation:
Even payment in shares would work for me.

Per Bergvall
Norway
Local time: 19:53
Works in field
Native speaker of: Native in NorwegianNorwegian
PRO pts in category: 165
Grading comment
Well, as simple as that, thanks a lot!

Peer comments on this answer (and responses from the answerer)
agree  MPortstrom
24 mins

agree  Chris S
2 hrs

agree  Leif Henriksen: Spot on!
8 hrs

agree  Michele Fauble
12 hrs
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