se ha producido la escisión
English translation: Company XXX split into two companies
| 12:13 Aug 11, 2020 |
| Spanish to English translations [PRO] Accounting / FINANCIAL STATEMENT | |||||
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|  Selected response from: Jane Martin Local time: 15:51 | ||||
Grading comment
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| Summary of answers provided | ||||
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| 3 +3 | Company XXX split into two companies |
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| 5 | has split-up |
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| 4 +1 | demerger of XXX took place |
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| 3 +1 | There has been a spin-off |
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Answers
7 mins confidence: 
has split-up Explanation: 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. https://www.investopedia.com/terms/s/split-up.asp#:~:text=A%20split%2Dup%20is%20a,at%20the%20discretion%20of%20shareholders. |
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10 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1demerger of XXX took place Explanation: If a company demerges or is demerged, it is divided into two or more parts, or separated from a larger company: |
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23 mins confidence: peer agreement (net): +1
peer agreement (net): +1There has been a spin-off Explanation: 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 ... Reference: http://eng.proz.com/personal-glossaries/entry/10637995-escis... |
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33 mins confidence: peer agreement (net): +3
peer agreement (net): +3Company XXX split into two companies Explanation: 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... |
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