Jun 9, 2020 22:41
3 yrs ago
27 viewers *
Italian term

in data XXXil Banco BPM S.p.A. ha incorporato la Banca Popolare di Milano S.p.A.

Italian to English Bus/Financial Business/Commerce (general) Atto di precetto
Si tratta di una dicitura all'interno di un atto di precetto, la frase completa è la seguente: "premesso che con atto di fusione in data XX.XX.2018 a ministero notaio XXX di Milano rep. XXX racc. XXX il Banco BPM S.p.A. ha incorporato la Banca Popolare di Milano S.p.A."...;
potrebbe andare bene semplicemente "on XXX Banco BPM S.p.A. incorporated Banca Popolare di Milano S.p.A" ?
Change log

Jun 9, 2020 22:55: writeaway changed "Field" from "Other" to "Bus/Financial"

Votes to reclassify question as PRO/non-PRO:

Non-PRO (1): TechLawDC

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Discussion

NFtranslations Jun 11, 2020:
No, sorry, it's the opposite.
It's very simple, a legal term/word is FUSIONE SOCIETARIA instead INCORPORAZIONE.
INCORPORAZIONE isn't the benchmark.
David Hollywood Jun 11, 2020:
this is turning into a real quandary so buona fortuna
NFtranslations Jun 10, 2020:
I checked again and I revised my opinion If you write "merger by incorporation" (fusione per incorporazione) or "incorporated by merger" (incorporato per fusione) isn't the same matter. The second sentence is wrong

The procedure is "merger" and this kind (common Italian law basis) is called " merger by incorporation", (fusione per incorporazione) rather than the opposite.
You can't write either "incorporated by merger" or only "incorporated", because in which manner was incorporated? Are both wrongs.

This procedure is regulated by the CONSOB, art. 84 according to regulation 11971/99.
"Il Sole 24 Ore" "Avviso ai sensi dell'art. 84 del Regolamento CONSOB 11971/99"
https://www.edison.it/en/merger-incorporation-edison-spa-she...

Like I said below, you cannot properly translate into English a legal basis of other country. You have to refer to that system.
"Recent case law has clarified that even in the case of merger by incorporation of a polluting company"
https://uk.practicallaw.thomsonreuters.com/w-006-4365?transi...

Come scrivere "latte al cioccolato" o "cioccolato al latte", parliamo di latte o cioccolato?
A bottle of whisky or a whisky bottle? Which one?
David Hollywood Jun 10, 2020:
in terms of tense selection it has to be "was"

Proposed translations

5 hrs
Selected

Banco BPM S.p.A. integrated Banca Popolare di Milano S.p.A. on (date)

Banco BPM S.p.A. ha incorporato la Banca Popolare di Milano S.p.A.

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Note added at 5 hrs (2020-06-10 04:32:50 GMT)
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always a risky business translating into a language that is not your mother tongue and no further comment

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Note added at 5 hrs (2020-06-10 04:38:50 GMT)
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your own "incorporated" works too IMO

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Note added at 16 hrs (2020-06-10 15:37:58 GMT)
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As verbs the difference between merge and incorporate is that merge is to combine into a whole while incorporate is to include (something) as a part.
Peer comment(s):

neutral philgoddard : To integrate means to bring together, not to absorb.
37 mins
thanks Phil and I think we have the question of deciding whether it's "was incorporated", "was merged" or "was integrated"
Something went wrong...
4 KudoZ points awarded for this answer.
55 mins

with the date of XXX Bank BPM S.p.A. has been incorporated to Banca Popolare di Milano S.p.A.

Mi opinion.
Peer comment(s):

neutral David Hollywood : "with the date of" is not English and "incorporated to" isn't either
4 hrs
Something went wrong...
+2
6 hrs

Banco BPM S.p.A. incorporated Banca Popolare di Milano by a merger on XXX

or the other way round (but prefer the first): Banca Popolare di Milano has been merged with BPM S.p.A on XXX: https://www.ent4bank.it/en/clients-en/banca-popolare-di-mila...

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Note added at 7 hrs (2020-06-10 05:47:50 GMT)
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Also 'acquired by a merger', took over
Peer comment(s):

agree Franco Rigoni
3 hrs
Thanks
neutral NFtranslations : was merged by incorporation into or your sentence is the same and no need leaves a new answer after 6 hours. Anyway, I prefer mine.//I didn't write "with the date of", you have too much confusion. I checked again and your sentence is wrong. Look above
5 hrs
with the date of and incorporated to are both not good. I wouldn't have given an answer if either of the ones submitted had been correct, 6 hours later or not
agree writeaway
6 days
Thanks
Something went wrong...
+1
1 hr

Banca Popolare di Milano S.p.A. has been merger by incorporation into Bank BPM S.p.A.

Is a common Italy rule for merger procedure.

https://www.arnonesicomo.com/news/321/merger-by-incorporatio...

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Note added at 2 hrs (2020-06-10 01:00:02 GMT)
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https://www.spglobal.com/marketintelligence/en/news-insights...

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Note added at 3 hrs (2020-06-10 01:56:19 GMT)
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Errata corrige
"Banca Popolare di Milano S.p.A. has been merged by incorporation into Bank BPM S.p.A."

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Note added at 3 hrs (2020-06-10 02:02:08 GMT)
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Merger between Banco Popolare and BPM through the incorporation
https://gruppo.bancobpm.it/media/storico-documenti-ante-fusi...

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Note added at 8 hrs (2020-06-10 07:24:17 GMT)
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CONSOB reference
"…document concerning the merger by incorporation and…"
http://www.consob.it/web/consob-and-its-activities/newslette...

You cannot translate properly into English a legal basis of other country. You have to refer to that system.
This procedure is called "merger by incorporation"


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Note added at 1 day 37 mins (2020-06-10 23:18:39 GMT)
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FINAL ANSWER
Banca Popolare di Milano S.p.A. was merged by incorporation into Banco BPM S.p.A. on (date)
Peer comment(s):

neutral David Hollywood : not "merged" and definitely not "has been merger" in English
3 hrs
agree philgoddard : Still not quite right. "Was merged by incorporation".
4 hrs
Hi Philgoddard. I think you are right. Thanks
neutral Josephine Cassar : has been merger? 'Was merged by incorporation-that's Banca Popolare di Milano not BPM; BPM took over/acquired but was not incorporated/the issue wasn't because of 'into'
5 hrs
Hi Josephine. I think "into" is right. Pls look below https://www.google.com/search?q="merged by incorporation int...
Something went wrong...

Reference comments

1 hr
Reference:

Reference

business acquisition by a company
and difference between merger acquisition and amalgamation


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Note added at 1 day 10 hrs (2020-06-11 08:46:46 GMT)
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FUSIONE SOCIETARIA
https://www.notai.it/news/00020177-la-fusione-societaria.asp...

As you can see from the link
In Italian law basis you can merger by two ways:
- Fusione per unione
- Fusione per incorporazione

"Incorporato" has no meaning, even less if written by itself
Something went wrong...
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