00:40 Sep 25, 2012 |
Portuguese to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Martin Riordan Brazil Local time: 03:47 | ||||||
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with minority shareholders opting not to exercise their subscription right Explanation: Os sócios minoritários não quiseram acompanhar o aumento de capital. |
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the decision of the minority shaareholders not to exercise their tag-along rights Explanation: Translation: An extraordinary general meeting of the bank approved the increase of the bank's share capital, of which company Y subscribed R$. With this subscription and the decision of the minority shareholders not to exercise their tag-along rights, Y's shareholding in the X Bank increased from 36.56% to 36%. |
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