Glossary entry

Norwegian term or phrase:

medsalgsrett

English translation:

tag-along right

Added to glossary by Carole Hognestad
Jan 22, 2008 16:33
16 yrs ago
Norwegian term

medsalgsrett

Norwegian to English Bus/Financial Finance (general)
I henhold til aksjeeierbok er XXXX ikke aksjonær i Selskapet. Dog foreligger ulike avtaler som gir XXXX AS rett og plikt til å erverve deler av aksjene i Selskapet, samt avtaler med bestemmelser om medsalgsrett mv.
Proposed translations (English)
4 +1 tag-along right

Proposed translations

+1
2 hrs
Selected

tag-along right

Iht. investopedia.com:

A contractual obligation used to protect a minority shareholder (usually in a venture capital deal). If a majority shareholder sells his or her stake, then the minority shareholder has the right to join the transaction and sell his or her minority stake in the company.

Also referred to as "co-sale rights".

(Tag-along right har 33000 treff i Google, mot 7300 for co-sale right.)
Peer comment(s):

agree brigidm : See also http://hun.proz.com/kudoz/2141690
10 hrs
Thanks, Brigid.
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4 KudoZ points awarded for this answer. Comment: "Thank you."
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