Spanish into English business translation
The example below illustrates the importance of hiring a professional Spanish into English business translator. (Original text taken from http://www.expansion.com/2009/11/13/opinion/llave-online/1258148203.html)
Original text | Poor translation | Good translation |
¿Por qué se crea un hólding con dos sociedades? | Why create a holding company with two companies? | Why create a holding company with two entities? |
– La fusión se materializará mediante la creación de una sociedad (ahora se llama TopCo pero se buscará un nombre más comercial) que entregará títulos a cambio de las acciones de Iberia y British Airways, que se mantienen como dos sociedades independientes con sus propios consejos de administración. | – The merger will be implemented through the creation of a company (now called TopCo but seek a more commercial name) to deliver securities in exchange for shares of Iberia and British Airways, which remain as two independent companies with their own governing administration. | -The merger will result from the creation of a company (which, at the moment, is called TopCo, but a change to something more commercial is planned) which will give shares in exchange for old British Airways and Iberia shares. |
El canje supone que los inversores españoles tendrán el 45% de esa sociedad y los ingleses el 55%. | The exchange assumes that the Spanish investors have 45% of that society and the English 55%. | This exchange means that English investors will hold 55% of this company, while Spanish investors will hold 45%. The airlines will remain two independent companies with their own boards of directors. |
Esta estructura se crea por varias razones. | This structure is created for various reasons. | This structure has been created for several reasons. |
En primer lugar, para dar salida a las ambiciones de ambas partes de unirse en igualdad de condiciones. | First, for outputting to the ambitions of both parties to join on equal terms. | First, in order to fulfil the ambition of both parties to unite under equal conditions. |
En una operación de fusión normal entre empresas cotizadas, una sociedad suele absorber a la otra para no crear una compañía desde cero y ahorrar costes. | In a regular merger between listed companies, a society tends to absorb the other to avoid creating a company from scratch and save costs. | In a normal merger of listed companies, one company usually absorbs the other so that it does not need to form a new company and can, therefore, save on costs. |