or for disposal of shareholdings

Subject - "Economics (sn: macroeconomics; nt: generic field; rf: Commerce and Movement of Goods, see: CO; Financial Affairs - Taxation - Customs, see: FI)" (=EC)
- Law - Legislation - Jurisprudence(=JU)



(1)
TERM enajenación de participaciones

Reference DOCE L 372/90,art. 7,iii



(1)
TERM disposal of equity investment

Reference OJEC L 372/90,art.7,iii
(2)
TERM disposal of shareholdings

Reference European Investment Bank,Technical Gloss.,1991

Just another alternative,longer than Maria's.

"Benefits" shouldn't be used for "profits" in English.

"Affiliates" can't be right. Too broad. It convers A's sister company B, but A has no interest in B to be sold.

"Subsidiary" is closer, as A at least has an interest in its subsidiary B, but B typically isn't called a subsidiary unless A holds a majority of the shares of B.

There isn't a single-word English equivalent of "participada". "Participated" suggests the right concept, e.g. a company in which one has a participation, but "participated" just isn't used this way in English.

A "participada" is just a company in which one has a participation (meanining an interest, or an investment). The participation can be small or large, in either gross terms (a sizeable monetary participation) or in relative terms (a participation larger than those of others).

Thus the translation I suggest above.

Benefits, in America, are things such as company-subsidised parking slots, survivor's insurance, handball court memberships, Hawaiian cruises, employee social halls (meaning socializing hall), etc -- tantamount to "social" welfare, but not on taxpayers' account (although, well .... partially tax-deductible).