carve-in/carve-out

01:28 Mar 26, 2016
English to Spanish translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: carve-in/carve-out
Please help. I'm translating a Purchase Agreement in which "carve in & carve-out" appear repeatedly. I've looked for a translation for this phrase but have so far been unable to find one.

As far as I understand, a "Carve-out" is similar to a split off, so what is a carve-in? Is it to repurchase/reacquire a stake into a previously split off subsidiary, or is it to acquire/purchase a stake into a completely unrelated business? How can I translate it?

It appears in the following phrases:
Carve-In Assets
Carve-In Transferors
Carve-In Transfers

Here is an example paragraph from the document I'm translating:

(b) any change in the Closing Date Shareholder's Equity (with an increase being a positive amount and a decrease a negative amount) attributable to any Carve-In Assets to the extent not already taken into account in the calculation in (a) above or in the calculation of the Banking Business of X but only to the extent that such change has been taken into account in the calculation of the Equity X.

And for that matter, how can I translate "Carve-Out Transfers". I'm not 100% sure of the translation I'm using.

Many thanks in advance!
William Wildt
Honduras
Local time: 06:02


Summary of answers provided
4 +1consolidados/no-consolidados
Juan Arturo Blackmore Zerón
3recuperación de activos/recorte de activos
Emiliano Pantoja
2escisión parcial
Taña Dalglish


  

Answers


52 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
recuperación de activos/recorte de activos


Explanation:
.

Emiliano Pantoja
Spain
Local time: 14:02
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 67
Notes to answerer
Asker: Thanks for the help Emiliano!

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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
consolidados/no-consolidados


Explanation:
Se refiere a los asientos, activos, estados financieros o transferencias consolidadas o no-consolidadas/separadas.


    Reference: http://https://www.mef.gob.pe/contenidos/conta_publ/con_nor_...
Juan Arturo Blackmore Zerón
Mexico
Local time: 07:02
Works in field
Native speaker of: Spanish
PRO pts in category: 184
Notes to answerer
Asker: Thank you for your reply Juan. Could you please check the link you posted with your reply? When I try to access it, it tells me that it can't be found. Thanks in advance.


Peer comments on this answer (and responses from the answerer)
agree  Nataliya Berezyna
21 mins
  -> Gracias Nataliya!
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10 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
carve-out
escisión parcial


Explanation:
In glossary:

See: http://www.proz.com/kudoz/english_to_spanish/law_contracts/1...

http://www.proz.com/kudoz/english_to_spanish/business_commer...
GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase: carve-out
Spanish translation: escisión parcial

escisión parcial
Explanation:
carve-out
A situation in which a parent company sells a minority share of a child company, usually in an IPO, while retaining the rest. The child company will have its own board of directors and financial statements, but will benefit from the parent company's resources and strategic support. Usually, the parent company will eventually sell the rest of the child company in the open market. also called partial spinoff.

Escisión parcial: Se segregan una o varias unidades económicas del patrimonio de una sociedad anónima, que no se extingue, traspasándose en bloque lo segregado a una o varias sociedades beneficiarias. http://www.jfarmesto.com/tema 25.pdf
http://guiasjuridicas.wolterskluwer.es/Content/Documento.asp...

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Note added at 10 hrs (2016-03-26 12:13:27 GMT)
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http://aempresarial.com/servicios/revista/65_5_WVFTNOYRWSBXK...

Taña Dalglish
Jamaica
Local time: 07:02
Specializes in field
Native speaker of: English
PRO pts in category: 111
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