May 30, 2006 21:14
18 yrs ago
1 viewer *
English term
Saudi Arabia
English-Arabic Financial Translator
Native in: Arabic (Variant: Egyptian)
Works in: English to Arabic, Arabic to English, Arabic, and 1 more.
took the company private
English
Bus/Financial
Business/Commerce (general)
Media Release
xxx, Executive Director and Head of Corporate Investment, commenting for xxx Company, said “We took the company private in 2006.
Responses
| 5 +17 | removed the company from public listings |
Konstantin Kisin
|
Change log
May 30, 2006 21:35: Konstantin Kisin changed "Field (specific)" from "General / Conversation / Greetings / Letters" to "Business/Commerce (general)"
Responses
+17
4 mins
Konstantin Kisin
United Kingdom
United Kingdom
Native in English
&
English
Specializes in field
United Kingdom
Bilingual Finance, Law & Business Pro
Native in: English 
, Russian
Works in: Russian to English, English, English to Russian
Related KudoZ points
:
16
Selected
removed the company from public listings
i.e. it stopped being a public company (whose shares can be bought and sold) and became privately owned (in this case by xxx and possibly others)
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Note added at 8 mins (2006-05-30 21:22:43 GMT)
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what is described here is a typical example of a management buyout, where the executives of a company buy up its shares
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Note added at 8 mins (2006-05-30 21:22:43 GMT)
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what is described here is a typical example of a management buyout, where the executives of a company buy up its shares
4 KudoZ points awarded for this answer.
Comment: "Thank you"
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