Glossary entry (derived from question below)
English term or phrase:
complete acquisition
English answer:
signs the contract and pays the money
Added to glossary by
B D Finch
Aug 2, 2013 14:29
10 yrs ago
English term
complete acquisition
English
Bus/Financial
Finance (general)
"Rio Tinto completes acquisition of 100% of Alcan"
In order to properly translate into French, looking to confirm what "completes acquisition" exactly means here: "proceeds to..." or "finalizes the acquisition of" (in French "conclut l'acquisition de" or "finalise l'acquisition de").
Thanks!
In order to properly translate into French, looking to confirm what "completes acquisition" exactly means here: "proceeds to..." or "finalizes the acquisition of" (in French "conclut l'acquisition de" or "finalise l'acquisition de").
Thanks!
Change log
Aug 9, 2013 15:11: B D Finch Created KOG entry
Responses
+6
5 mins
Selected
signs the contract and pays the money
Note that "completes" is a verb here.
It means that the aquisition has been finalised.
It means that the aquisition has been finalised.
4 KudoZ points awarded for this answer.
Comment: "Thank you!"
2 hrs
obtain (majority) ownership
Acquisition: The act of one company buying another. The acquisition is complete when the buying company obtains majority ownership of the target company. http://www.axial.net/glossary/
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Note added at 2 hrs (2013-08-02 16:58:48 GMT)
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*In this case 100% ownership
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Note added at 2 hrs (2013-08-02 16:58:48 GMT)
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*In this case 100% ownership
Peer comment(s):
neutral |
writeaway
: complete in the context is used as a verb. / the use of majority, 100% (ownership) make me think you see complete as an adjective.
18 hrs
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Are you saying that "obtain" is not a verb? If the explanation confused you, it is not an interpretation of the context but a definition of acquisition that should solve the question.
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