Aug 11, 2020 12:13
3 yrs ago
28 viewers *
Spanish term

se ha producido la escisión

Spanish to English Other Accounting FINANCIAL STATEMENT
Durante el ejercicio 2019, ***se ha producido la escisión*** de la Sociedad XXX en dos sociedades, XXX, S.A. 2 y XXX, S.A. 3, que ha supuesto la reorganización del negocio energético que el Grupo tiene en Francia, sin que esta operación tenga impacto alguno sobre los estados financieros consolidados del Grupo.

¿Cómo se podria traducir?

Gracias!

Proposed translations

+3
33 mins
Selected

Company XXX split into two companies

As 2019 is last year, I would use the simple past rather than the present perfect. I would also avoid using the passive for simplicity and clarity.

In 2019 Company XXX split/demerged into two companies......

The president of Motorola' set-top box unit has left the company, the latest executive to move since the firm announced earlier this month its plans to spit into two companies.
https://www.fiercewireless.com/wireless/motorola-set-top-box...

Gap to split into two companies
Kristopher Fraser| Thursday, 28 February 2019
Wall Street Journal has reported that Gap Inc., the parent company of Gap, Banana Republic, Athleta, and Intermix, will be splitting into two publicly traded companies. The companies will now be split into Old Navy and a yet-to-be-named company, which will consist of Gap, Athleta, Banana Republic, Intermix and Hill City. Gap Inc. expects to effect the separation through a spin-off that is intended to generally be tax-free to Gap Inc.’s shareholders for U.S. federal income tax purposes. The spin-off will enable each company to maximize focus and flexibility, align investments and incentives to meet its unique business needs and optimize its cost structure to deliver profitable growth.
https://fashionunited.uk/news/business/gap-to-split-into-two...
Peer comment(s):

agree John Rynne : Yes, or "demerged into two companies, xxx and yyy"
1 hr
Thanks John. You will see I also suggested demerged as an alternative.
agree patinba
2 hrs
Thank you.
agree AllegroTrans : or "demerged"
2 days 11 hrs
Thank you.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks a lot for your suggestions! It has been really helpful."
7 mins

has split-up

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. Upon completion of such events, shares of the original company may be exchanged for shares in one of the new entities at the discretion of shareholder.
Peer comment(s):

neutral John Rynne : the verb would be two separate words. It's the noun that has the hyphen
2 hrs
You are right. Thank you.
Something went wrong...
+1
10 mins

demerger of XXX took place

If a company demerges or is demerged, it is divided into two or more parts, or separated from a larger company:
Peer comment(s):

agree Robert Carter
2 days 15 hrs
Something went wrong...
+1
23 mins

There has been a spin-off

The indef. rather than the def. art for 'spin-off' and preferably 'there has been' rather than using a weak verb of occured or been forthcoming.

(journalistically) The demerger went ahead into two spun-off companies ...
Peer comment(s):

agree Luis M. Sosa
2 hrs
Gracias and thanks again!
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search