B D Finch Jan 31, 2009:

It's in the singular because it qualifies "le quatre-vingt pour cent ", not "le goodwill" and not "actions".

Yolanda Broad Jan 31, 2009:

Reposted from Clarification request section fourth: 15:00 Jan 30, 2009: Net asset value would be a valuation base for ordinary shares, the remainder being valuation of excess profits=goodwill. Subject to there not being other classes of shares, I would agree with you, W. That exposé=offered.
Alain Pommet: 15:31 Jan 30, 2009: exposé agrees with le 80% - masculine singular
Craig Macdonald: 19:16 Jan 30, 2009: I've not heard of "part" of Goodwill being sold. This sounds a bit strange. Who would buy Goodwill, when it is really the excess paid for a company beyond its book value? It's just an accounting trick to note where/why the money went during a sale of a company. I could imagine someone wanting to sell it, but not imagine anyone buying it. I think your guess, "shares offered" is about right, but I would call the party the "Seller", not the "Vendor", which sounds a bit like someone selling washing machines.

Wendy Cummings (asker) Jan 30, 2009:

It's definitely written in the singular. So i suppose it refers to "le goodwill"

bowse123 (X) Jan 30, 2009:

is it "actions exposé" or "actions exposées" I am not sure I understand, please clarify, thanks