Use "participations" in a sentence

1. For non-core subsidiaries and associates ([...]), if, by [...], the Bank has actively searched for potential buyers and no capital neutral or capital accretive transaction can take place, then the deadline for divesting those participations shall be postponed to [...].

Pour les filiales et associés secondaires ([...]), si, d’ici le [...], la banque a activement recherché des acquéreurs potentiels et qu’aucune transaction neutre ou relutive ne peut avoir lieu, le délai de cession de ces participations sera reporté à [...].