socios proveedores de derechos

09:59 Aug 31, 2020
This question was closed without grading. Reason: No acceptable answer

Spanish to English translations [PRO]
Bus/Financial - Business/Commerce (general) / Shareholder meeting minutes
Spanish term or phrase: socios proveedores de derechos
I'm translating the minutes of a shareholder meeting where the shareholders are declaring their position in response to a proposal to purchase the company and I'm not sure what the following is trying to say exactly:

"Las compañias XXX y XXX han manifestado que han dado respuesta a la oferta de compra manifestando su aceptación y, por tanto, su voluntad de vender, sin perjuicio, **por parte de aquellos socios proveedores de derechos** de hacer valer su derecho a mantener una posición minoritaria en la compañía."

I understand generally what it's trying to say but I'm not clear on what "socios proveedores de derechos" is referring to exactly. Is it just a fancy way of referring to those shareholders who have the right to maintain a minority position within the company?
Mark Harris
France
Local time: 02:57


Summary of answers provided
4 -1The board of commitee partners with discretionary power
Gabriel Ferrero
3member suppliers of rights
Lisa Rosengard
1members offering up their rights
Adrian MM.


Discussion entries: 3





  

Answers


3 hrs   confidence: Answerer confidence 1/5Answerer confidence 1/5
members offering up their rights


Explanation:
Let's guess the context: 1. the country is Spain (or one in Lat. Am.) 2. it's a company but not a partnership, so has shareholders or members rather than partners and 3. the derechos are societarios and not *de exploración*, namely shareholders who have granted the company oil exploration rights.


    Reference: http://www.repsol.com/imagenes/global/es/IRC2010_socios_prov...
Adrian MM.
Austria
Native speaker of: Native in EnglishEnglish
PRO pts in category: 32
Login to enter a peer comment (or grade)

5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
The board of commitee partners with discretionary power


Explanation:
In the sense members of the committee who can nominate and admit new parties to the organisation/venture/corporation, etc.

Gabriel Ferrero
France
Local time: 02:57
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
disagree  philgoddard: This bears absolutely no resemblance to the Spanish, and I don't know what a "board of committee partners" is.
25 mins
Login to enter a peer comment (or grade)

2 days 12 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
member suppliers of rights


Explanation:
"The companies have shown that they have respected the sales offer showing their acceptance, and therefore, their wish to sell, without damage 'on behalf of those member suppliers of rights' to value their right to maintain a minority position in the company."

--------------------------------------------------
Note added at 2 days 13 hrs (2020-09-02 23:24:01 GMT)
--------------------------------------------------

www.linguee.es
'supply partners'
(They have responded to the sales offer.)

Lisa Rosengard
United Kingdom
Local time: 01:57
Native speaker of: English
PRO pts in category: 8
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search