Glossary entry

Portuguese term or phrase:

Acionistas contestam oferta de ações da TIM

English translation:

TIM shareholders fight public offering

Added to glossary by marco lessa (X)
Jan 29, 2009 22:02
15 yrs ago
1 viewer *
Portuguese term

Acionistas contestam oferta de ações da TIM

Portuguese to English Bus/Financial Finance (general)
MILÃO - Os acionistas italianos da TIM são contra a determinação de fazer uma oferta pública de ações da empresa no Brasil.
O grupo acionista da Telecom Italia Telco afirmou em comunicado nesta quinta-feira que vai se opor à decisão da Comissão de Valores Mobiliários (CVM) de impor ao grupo obrigação de fazer oferta pública pelas ações ordinárias da TIM Participações.
TIM reduz investimentos no Brasil em 2009(03/12/2008)
Telecom Italia vende ativos, mas mantém TIM(03/12/2008)
Telecom Italia discute seu futuro no Brasil(27/11/2008)
A decisão pode implicar ao grupo dispêndio de mais de 1 bilhão de dólares. A CVM informou, através de sua assessoria de imprensa, que a companhia deve protocolar o recurso até a próxima quarta-feira para atender ao prazo de 10 dias úteis que tem para contestar a decisão. O pedido deve ser encaminhado ao colegiado da autarquia.
A espanhola Telefónica tem participação de 42,3% na Telco, que controla 24,5% da Telecom Italia.
O grupo de investidores também decidiu fazer uma baixa contábil de quase 1,4 bilhão de euros no valor de sua participação na maior operadora de telecomunicações do país.
A Telco informou que reduziu o valor de sua fatia na Telecom Italia a 2,2 euros por ação. O grupo não informou qual era o valor anterior da participação, mas o jornal italiano Il Messaggero publicou que era de 2,6 euros por ação.
Change log

Jan 29, 2009 22:44: Clara Duarte changed "Language pair" from "English to Portuguese" to "Portuguese to English"

Discussion

Cristina Pereira Jan 30, 2009:
Sendo assim, optaria pela resposta do Jack ou pela sua opção "combinada" :)

Proposed translations

+4
3 hrs
Selected

TIM shareholders fight public offering

The existing TIM shareholders are fighting the CVM's order requiring the company to make a public offering in Brazil.

Examples:

"Legato shareholders fight EMC bid - ZDNet.co.uk .... Several Legato Systems shareholders have filed lawsuits aimed at stopping EMC's."
http://news.zdnet.co.uk/itmanagement/0,1000000308,2137783,00...

"Syms shareholders fight quitting NYSE. by Joseph R. Perone..."
http://www.nj.com/business/index.ssf/2008/01/syms_shareholde...

"Diligent Shareholders Consider Fight .... shareholders are considering a class action suit against Diligent ... a substantive effect on the Diligent shareprice."
http://diversity.net.nz/diligent-shareholders-consider-fight...

"...Shareholders Fight Back Against Private Equity Firms (via the WSJ). "
http://financialrounds.blogspot.com/2006/08/shareholders-fig...

"Yahoo shareholders fight rejection of Microsoft bid "
http://www.zdnetasia.com/news/business/0,39044229,62037781,0...

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Note added at 3 hrs (2009-01-30 01:56:56 GMT)
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examples of public share OFFERING:

TSE chief Nishimuro aims for public share offering by 2009 | The ...Tokyo Stock Exchange President Taizo Nishimuro said Friday the bourse hopes to publicly list its own shares in fiscal 2009 in the face of intensifying ...
search.japantimes.co.jp/cgi-bin/nb20060701a3.html - Similar pages
Investing: Omani exchange weighs a public share offering ...Investing: Omani exchange weighs a public share offering.
www.iht.com/articles/2007/03/01/bloomberg/bxinvest.php - 43k - Cached - Similar pages
Gov`t to Require Public Share Offering by Large-Cap Firms | CENS ...Thresholds for the mandatory public share offering have been preliminarily set at NT$500 million of paid-in capital and 200 or 300 shareholders, ...
cens.com/cens/html/en/news/news_inner_18731.html - 14k - Cached - Similar pages
Alibaba.com prepares to open public share offering to investors ...Alibaba.com prepares to open public share offering to investors from AFP in News provided by Find Articles.
findarticles.com/p/articles/mi_kmafp/is_200711/ai_n21083029 - 45k - Cached - Similar pages
Gulfnews: DP World increases size of public share offeringNov 19, 2007 ... Dubai: DP World said on Monday it has increased the size of its public share offering by 3 per cent to 23 per cent due to a better than ...
archive.gulfnews.com/articles/07/11/19/10168750.html - 74k - Cached - Similar pages
[PDF] Announcement of Completion of Public Share Offering and Adjustment ...File Format: PDF/Adobe Acrobat
Jun 30, 2004 ... Completion of Public Share Offering. With the completion today of the remittance for the public share offering, the capital increase of ...
www.kenwood.co.jp/en/pdf/ir_info_20040630.pdf - Similar pages
IPG Photonics files for public share offering ...The latest news in compound semiconductor technology.
compoundsemiconductor.net/cws/article/news/25815 - 20k - Cached - Similar pages
Peer comment(s):

agree Marlene Curtis : You are right, I think they are really fighting it. But I would rather use Share Offer.Results 1 - 10 of about 16,300,000 for share offer.
17 mins
Thanks Marlene (actually it's only 345,000 for "share offer" and 263,000 "share offering" so either one would do pretty nicely). Thanks again, have a good evening.
agree Mary Palmer : Yes, public offering sounds right to me although I think one could still say "share offer" as well.
53 mins
Thanks a lot, Mary.
agree Keith Boak : instead of "fight", you could use "challenge"
5 hrs
Yes, thanks!
agree Cristina Pereira : Right
11 hrs
Thank you, Cristina. Have a great weekend.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "You're telling me! Thanks."
+1
46 mins

Shareholders against TIM going public

Suggestion
Note from asker:
TIM is already a public corp. See:"A espanhola Telefónica tem participação de 42,3% na Telco, que controla 24,5% da Telecom Italia." Mas seu texto está mais conciso e com menos sabor latino.
Handler says OK! I would like to hear him after this note.
Podíamos juntar as duas: "shareholders against TIM public offer."
Peer comment(s):

agree rhandler : Não estava lá a rersposta dele, quando opinei. The asker's suggestion ("shareholders against TIM public offer") is also good, specially after his clarification on the public character of TIM.
2 mins
Obrigada Ralph, mas vendo bem a resposta do Jack é a correcta
Something went wrong...
39 mins

stockholders/shareholders vote against share offers from Tim

stockholders/shareholders vote against share offers from Tim

Espero que ajude marco :)

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Note added at 1 hr (2009-01-29 23:16:42 GMT)
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Sim marco, pode ser também!

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Note added at 1 hr (2009-01-29 23:45:46 GMT)
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Pelo que eu sei, pode-se usar o "s" para firmas também...exemplo:

"Alvarez & Marsal, Varig's financial adviser, received the bid Tuesday from a ..."


"The offer is conditioned on financing from the government development bank and may include the participation of Boeing Co., one of Varig's creditors. ..."



--------------------------------------------------
Note added at 2 hrs (2009-01-30 00:04:27 GMT)
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Gosto da sua sugestão também marco! "vote against TIM's public offer".
Note from asker:
Não seria melhor (ou mais correto - usando o genitivo saxônico): "Shareholders vote against TIM's public offer."? Ou não?
Pensando melhor, não é apropriado (it's ungrammatical) usar o 's para uma firma. Só com pessoas e animais, ou exp. idiomáticas. V. tem razão.Retiro o q. disse.
Peer comment(s):

neutral jack_speak : The shareholders did not hold a vote. The public offering in Brazil is ordered by CVM, and the shareholders want to file an appeal (protocolar recurso) to fight the CVM's decision.
2 hrs
Yes, you're right..."shareholders oppose CVM's decision". I confess I didn't take the time to read the whole context when I submitted my answer. :p
Something went wrong...
2 hrs

shareholders against the publich share offer

veja este exemplo do Herald Tribune:
http://www.iht.com/articles/2007/03/05/bloomberg/sxipo.php
Something went wrong...
+1
2 hrs

Shareholders dispute TIM shares offer

My suggestion.
Peer comment(s):

neutral jack_speak : They are not disputing the fact that CVM ordered them to make a public offering in Brazil. They are appealing CVM's decision. //Esta explicito: "...a companhia deve protocolar o recurso..."
1 hr
From the context presented they are not appealing anything, they are just opposing it.
agree Antonio Tomás Lessa do Amaral
6 hrs
Grata Antonio!
Something went wrong...
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