Glossary entry

English term or phrase:

100%

English answer:

okay

Added to glossary by mockingbird (X)
Mar 29, 2005 08:23
19 yrs ago
1 viewer *
English term

100%

English Bus/Financial Economics
is it just okay to use "a 100%" here? in this way?

According to Timothy, before the share transfer, Holderin BV had become a 100% shareholder in Holcim Participations, So it indirectly had a control over the company.

Discussion

Tsogt Gombosuren Mar 29, 2005:
not okay

Responses

+6
1 min
Selected

okay

OR: "...had acquired 100% (OR all) of the shares in..."
:-)
Peer comment(s):

agree Enza Longo
1 min
agree Shane London
34 mins
agree Isabelle Bouchet
4 hrs
agree Dina Abdo : and I guess your suggestion sounds more clear in the sentence context
6 hrs
agree humbird
6 hrs
agree Charlie Bavington : or even "a 100% stake in". But yes, it's OK by me.
9 hrs
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4 KudoZ points awarded for this answer. Comment: "thanks"
2 mins

a 100% shareholder

Google gives 334 hits for "a 100% shareholder" so I suppose it is ok !
Peer comment(s):

neutral pidzej : actually, 334 hits for what looks like a pretty common phrase would guarantee I stay away from the proposed term
1 hr
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+1
34 mins

i agree

My comment is actually about the latter part of the sentence: 'so it indirectly had A control'. This is not grammatically correct. It should be 'it had indirect control' or 'it indirectly controlled'.
Peer comment(s):

agree pidzej : exercised indirect control?
26 mins
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+1
1 hr

wholly-owned

with appropriate reversal of A and B: Holcim became a wholly-owned subsidiary of Holderin
Peer comment(s):

agree Can Altinbay : I think yours is the best solution so far. I have major problems with the whole thing, though. They had all the shares BEFORE a share transfer? They owned it outright, but had indirect control? Huh?
1 hr
Assume "the share transfer" concerned other players or at best one of those named here and some third party. Does that make more sense now? I mean, A owned B as B was taking over C, so A had indirect control over C...
neutral Robert Donahue (X) : I'm not sure that this sentence isn't beyond repair without more context. Can is correct in that the numbers don't add up.
2 hrs
Don't they still add up, with the above assumption?
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1 day 9 hrs

ownership

became a sole owner in......
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