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German to English: Ausschluss von Minderheitsaktionären Detailed field: Law (general)
Source text - German § 327a des Aktiengesetzes („AktG“) sieht vor, dass die Hauptversammlung einer Aktiengesellschaft auf Verlangen eines Aktionärs, dem Aktien der Gesellschaft in Höhe von mindestens 95 % des Grundkapitals gehören (Hauptaktionär), die Übertragung der Aktien der übrigen Aktionäre (Minderheitsaktionäre) auf den Hauptaktionär gegen Gewährung einer angemessenen Barabfindung beschließen kann (Ausschluss von Minderheitsaktionären).
Translation - English Section 327a of the German Stock Corporation Act (AktG ) provides that, upon the request of a shareholder owning shares in the amount of at least 95 % of the corporation’s stock capital (principal shareholder), the Shareholders’ Meeting of a stock corporation may resolve that the shares held by the other shareholders (minority shareholders) are transferred upon the principal shareholder versus payment of a reasonable cash compensation (squeeze out of minority shareholders).