Glossary entry

Finnish term or phrase:

määräysvaltayhtiö

English translation:

controlling interest company

Added to glossary by Owen Witesman
Mar 4, 2009 04:34
15 yrs ago
Finnish term

määräysvaltayhtiö

Finnish to English Bus/Financial Finance (general)
Here's the sentence: "Omisti määräysvaltayhtiöineen vuoden 200# lopussa ## ### kappaletta yhtiön osakkeita."

Proposed translations

45 mins
Selected

controlling interest

From the second link:
Chairman of the Board of Directors of KONE Corporation, Pekka Herlin, granted ownership of shares in Security Trading Oy and
Holding Manutas Oy to his son, Antti Herlin, KONE Corporation’s Deputy Chairman and CEO, while retaining life-time control over the granted shares. In practice this transfer of shares, when added to Antti Herlin’s existing shareholding ensures the eventual transfer of a controlling interest in the above-mentioned companies, and through them to a controlling interest in KONE
Corporation, from Pekka Herlin to Antti Herlin.

--------------------------------------------------
Note added at 1 hr (2009-03-04 06:03:05 GMT)
--------------------------------------------------

That's why I included both the Finnish and the English version of the same. You need not translate every word.
Note from asker:
This was my first thought too, but the -yhtiö thing threw me. Maybe it's a situation of owning companies that also own shares, which when added to his own personal shares make up a controlling interest...no wonder these finance types got us into such a mess!
Something went wrong...
4 KudoZ points awarded for this answer.
11 hrs

company in which one has a controlliing interest

"Owned, including companies in which s/he had a controlling interest, ### company shares at the end of 200#"
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search