Glossary entry (derived from question below)
Spanish term or phrase:
sociedad vehicular
English translation:
Special purpose acquisition company
Added to glossary by
Chris Ellison
Feb 16, 2022 08:12
2 yrs ago
34 viewers *
Spanish term
sociedad vehicular
Spanish to English
Bus/Financial
Business/Commerce (general)
mergers and acquisitions
I understand that this is a company that facilitates the acquisition operation:
La XXXX autorizó la operación de concentración por la que XXXX, XXXX, XXXX y XXXX adquieren el control conjunto de XXXX, mediante la sociedad vehicular XXXX.
La XXXX autorizó la operación de concentración por la que XXXX, XXXX, XXXX y XXXX adquieren el control conjunto de XXXX, mediante la sociedad vehicular XXXX.
Proposed translations
+2
13 mins
Selected
Special purpose acquisition company
Another option is "acquisition vehicle"
4 KudoZ points awarded for this answer.
Comment: "Thanks, that worked perfectly in this context. :-)"
11 mins
Leading party/Lead party/Controlling party, etc
I believe this fits with the same concept of "sociedades vehiculo", being the party who has the overall control/authority of the project.
15 hrs
special business acquisition purpose vehicle
The special purpose is acquisition of businesses
The special purpose characterizes a company called vehicle (SPV)
https://www.investopedia.com/terms/s/spv.asp
The special purpose characterizes a company called vehicle (SPV)
https://www.investopedia.com/terms/s/spv.asp
1 day 3 hrs
conduit entity (company or partnership)
I'm not sure a special-purpose (hyphenated) vehicle as a 'bankruptcy-remote entity' is on all fours with an acquisition scenario.
As a company can be a member of a partnership in countries like Spain, the UK and the USA, the sociedad might well be a partnership - congrats to all those sharp-eyed accountants who had picked up on that one....
As a company can be a member of a partnership in countries like Spain, the UK and the USA, the sociedad might well be a partnership - congrats to all those sharp-eyed accountants who had picked up on that one....
Example sentence:
IATE: es sociedad vehicular Consilium en conduit company Consilium conduit
Conduit Acquisition Transaction means any offer or proposal by any Person concerning any (i) merger, consolidation, other business combination, restructuring, recapitalization, exchange, reclassification or any other transaction.
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