Nov 20, 2002 18:41
21 yrs ago
Spanish term

acudió a la opción preferente

Spanish to English Bus/Financial
Tal como se había anunciado anteriormente, ninguno de los socios locales acudió a la opción preferente para adquirir la totalidad o parte de las acciones que estaban a la venta.

Proposed translations

1 hr
Selected

holders of preference shares (sentence below)

... none of the (local) holders of preference shares exercised their right to acquire all or some of the offered shares.

I have often seen "acciones preferentes" which is translated as "preference or preferred shares" and I think this sentence refers just to that. The holders of this type of shares enjoy some advantages the holders of "ordinary shares" don't, but in this case they have not made use of such advantages.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Muchas gracias a todos"
-1
23 mins

opted for the best solution

hope this helps
Peer comment(s):

disagree snowdrop : I don't think that's the sense of the original text. "Opción preferente" here is a specialised term
2 hrs
Something went wrong...
32 mins

preferential option

that's how I'd phrase it. It refers to the priority partners have when it comes to acquiring shares

--------------------------------------------------
Note added at 2002-11-20 19:20:17 (GMT)
--------------------------------------------------

Just a link to give you a hand
http://www.rree.gob.pe/domino/nsf/economia.nsf/b0882dac8d90a...
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search