nedsalg

English translation: Sell off

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:nedsalg
English translation:Sell off
Entered by: Dawn Nixon

20:32 Feb 6, 2010
Norwegian to English translations [PRO]
Bus/Financial - Finance (general)
Norwegian term or phrase: nedsalg
Gjennom måneden bygget vi videre på vår posisjon i eiendomsselskapet xxxx, gjennom deltagelse i et større nedsalg av aksjer.

What are they trying to say?
PMPtranslations
Local time: 12:46
Sell off
Explanation:
I believe it has to do with selling shares

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Note added at 3 hrs (2010-02-06 23:52:57 GMT)
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or selling off
Selected response from:

Dawn Nixon
Norway
Local time: 18:46
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4reduced our holding in
David Siebert
3 +1sell-down
brigidm
3Sell off
Dawn Nixon


Discussion entries: 13





  

Answers


21 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Sell off


Explanation:
I believe it has to do with selling shares

--------------------------------------------------
Note added at 3 hrs (2010-02-06 23:52:57 GMT)
--------------------------------------------------

or selling off


    Reference: http://www.nettavisen.no/innenriks/politikk/article2139532.e...
    Reference: http://www.dn.no/forsiden/energi/article239370.ece
Dawn Nixon
Norway
Local time: 18:46
Native speaker of: English
PRO pts in category: 31
Login to enter a peer comment (or grade)

12 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
reduced our holding in


Explanation:
Fairly common use, also 'reduce stake in'

Example sentence(s):
  • FIIs reduced holdings in many index and mid-cap stocks
  • Thinking to reduce holding of Revlon, before Black Friday ....

    Reference: http://www.reuters.com/article/idUSTOE5BA08720091211
    Reference: http://www.azom.com/News.asp?NewsID=14961
David Siebert
Local time: 17:46
Specializes in field
Native speaker of: English
PRO pts in category: 40
Login to enter a peer comment (or grade)

13 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
sell-down


Explanation:
Used most often in the verb form:
"Satellite provider says it will consider its next steps.
British Sky Broadcasting Group PLC Thursday lost its latest attempt to stop the U.K. government forcing it to sell down its 17.9% holding in broadcaster ITV PLC, a development likely to renew bid speculation for ITV even as it looks for a new chief executive.

The U.K. satellite TV operator has made numerous legal attempts to challenge a ruling by U.K. antitrust authority the Competition Commission that it must sell down the stake in ITV, the U.K.'s largest commercial free-to-air broadcaster by sales, to just 7.5%."

But also used as a noun.

Example sentence(s):
  • Possibility of limited secondary sell-down by existing shareholders
  • Given the current ITV share price, Sky stand to lose as much as £190 million (E275m) from a forced sell-down.

    Reference: http://www.londonstockexchange.com/exchange/prices-and-news/...
brigidm
Norway
Local time: 18:46
Specializes in field
Native speaker of: English
PRO pts in category: 44

Peer comments on this answer (and responses from the answerer)
agree  Christopher Schröder
6 hrs
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