Glossary entry

Danish term or phrase:

spaltning

English translation:

(leg.) split-up (journalistic) spin-off; hive-off

Added to glossary by eodd
Mar 8, 2022 17:20
2 yrs ago
6 viewers *
Danish term

spaltning

Danish to English Bus/Financial Finance (general) A company merger
Wondering what the best translation of spaltning is please in the following sentence:

Kapitalnedsættelse besluttet og gennemført ved spaltning DKK XXXXXXXX til kurs XX.XX

Thanks in advance.

Discussion

eodd (asker) Mar 8, 2022:
Forgot to say that I found the following definition: Definition. Ved spaltning forstås den transaktion, hvor et selskab overfører en del af eller samtlige sine aktiver og passiver til et eller flere eksisterende eller nye selskaber ved i samme forhold som hidtil at tildele sine selskabsdeltagere aktier eller anparter og eventuelt en kontant udligningssum.

Proposed translations

3 hrs
Selected

(leg.) split-up (journalistic) spin-off; hive-off

'Oddly' enough, hive-off had been the term of choice at the FT Euro-business *spin-off* magazine I used to edit.

Even more oddly, nothing is showing up in Bailey's Fagordbog for business & finance, but I don't have access to Gyldendal or Bo von Eyben...

Compare Spaltung in DEU : split, division, separation, breaking-up splitting, tiering (?), Zahn.
Example sentence:

A split-up is a financial term describing a corporate action in which a single company splits into two or more independent, separately-run companies.

Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you very much Adrian. I had been leaning towards spin-off, but just needed it confirmed."
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search