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<url>
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<lastmod>2023-11-29T15:12:25+00:00</lastmod>
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<url>
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<lastmod>2023-11-29T15:12:19+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/price-earnings-ratio-p-e-ratio/"/>
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<lastmod>2023-11-29T15:12:01+00:00</lastmod>
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<url>
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<lastmod>2023-11-29T15:11:56+00:00</lastmod>
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<url>
<loc>https://old.23.investments/glossary/ebitda/</loc>
<lastmod>2023-11-29T15:11:51+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/ebitda/"/>
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<url>
<loc>https://old.23.investments/glossary/distributive-negotiation/</loc>
<lastmod>2023-11-29T15:11:46+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/distributive-negotiation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verteilungs-verhandlung/"/>
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<url>
<loc>https://old.23.investments/glossary/family-owned-business/</loc>
<lastmod>2023-11-29T15:11:04+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/family-owned-business/"/>
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<loc>https://old.23.investments/glossary/empire-building/</loc>
<lastmod>2023-11-29T15:10:58+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/empire-building/"/>
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<loc>https://old.23.investments/glossary/balance-sheet/</loc>
<lastmod>2023-11-29T15:08:47+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/balance-sheet/"/>
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<loc>https://old.23.investments/de/glossar/bilanz/</loc>
<lastmod>2023-11-29T15:08:47+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/balance-sheet/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bilanz/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/balance-sheet/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bilanz/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/mezzanine-financing/</loc>
<lastmod>2023-11-29T15:08:35+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/mezzanine-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mezzanine-finanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/mezzanine-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mezzanine-finanzierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/mezzanine-finanzierung/</loc>
<lastmod>2023-11-29T15:08:35+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/mezzanine-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mezzanine-finanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/mezzanine-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mezzanine-finanzierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/market-risk/</loc>
<lastmod>2023-11-29T15:08:30+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/market-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/marktrisiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/market-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/marktrisiko/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/marktrisiko/</loc>
<lastmod>2023-11-29T15:08:30+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/market-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/marktrisiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/market-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/marktrisiko/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/joint-venture/</loc>
<lastmod>2023-11-29T15:08:24+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/joint-venture/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/joint-venture/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/joint-venture/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/joint-venture/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/joint-venture/</loc>
<lastmod>2023-11-29T15:08:24+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/joint-venture/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/joint-venture/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/joint-venture/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/joint-venture/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cloud-computing/</loc>
<lastmod>2023-11-29T15:08:19+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cloud-computing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cloud-computing/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cloud-computing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cloud-computing/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/cloud-computing/</loc>
<lastmod>2023-11-29T15:08:19+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cloud-computing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cloud-computing/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cloud-computing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cloud-computing/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/exit-strategy/</loc>
<lastmod>2023-11-29T15:07:44+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/exit-strategy/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/exit-strategie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/exit-strategy/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/exit-strategie/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/exit-strategie/</loc>
<lastmod>2023-11-29T15:07:44+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/exit-strategy/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/exit-strategie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/exit-strategy/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/exit-strategie/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/secondary-offering/</loc>
<lastmod>2023-11-29T15:04:49+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/secondary-offering/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/zweitplatzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/secondary-offering/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/zweitplatzierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/zweitplatzierung/</loc>
<lastmod>2023-11-29T15:04:49+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/secondary-offering/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/zweitplatzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/secondary-offering/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/zweitplatzierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/venture-capital/</loc>
<lastmod>2023-11-29T14:54:27+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/venture-capital/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/risikokapital/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/venture-capital/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/risikokapital/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/risikokapital/</loc>
<lastmod>2023-11-29T14:54:27+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/venture-capital/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/risikokapital/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/venture-capital/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/risikokapital/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/down-payment/</loc>
<lastmod>2023-11-29T14:54:14+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/down-payment/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/anzahlung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/down-payment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/anzahlung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/anzahlung/</loc>
<lastmod>2023-11-29T14:54:14+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/down-payment/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/anzahlung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/down-payment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/anzahlung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/renewable-energy/</loc>
<lastmod>2023-11-29T14:48:49+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/renewable-energy/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/erneuerbare-energie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/renewable-energy/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/erneuerbare-energie/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/erneuerbare-energie/</loc>
<lastmod>2023-11-29T14:48:49+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/renewable-energy/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/erneuerbare-energie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/renewable-energy/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/erneuerbare-energie/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/circular-economy/</loc>
<lastmod>2023-11-29T14:48:43+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/circular-economy/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kreislaufwirtschaft/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/circular-economy/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kreislaufwirtschaft/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kreislaufwirtschaft/</loc>
<lastmod>2023-11-29T14:48:43+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/circular-economy/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kreislaufwirtschaft/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/circular-economy/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kreislaufwirtschaft/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/ethical-investing/</loc>
<lastmod>2023-11-29T14:47:39+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/ethical-investing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/ethisches-investieren/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/ethical-investing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/ethisches-investieren/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/ethisches-investieren/</loc>
<lastmod>2023-11-29T14:47:39+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/ethical-investing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/ethisches-investieren/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/ethical-investing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/ethisches-investieren/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/merger-of-equals/</loc>
<lastmod>2023-11-29T14:44:40+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/merger-of-equals/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/fusion-unter-gleichen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/merger-of-equals/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/fusion-unter-gleichen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/fusion-unter-gleichen/</loc>
<lastmod>2023-11-29T14:44:40+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/merger-of-equals/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/fusion-unter-gleichen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/merger-of-equals/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/fusion-unter-gleichen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/financial-risk/</loc>
<lastmod>2023-11-29T14:43:52+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/financial-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/finanzielles-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/financial-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/finanzielles-risiko/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/finanzielles-risiko/</loc>
<lastmod>2023-11-29T14:43:52+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/financial-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/finanzielles-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/financial-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/finanzielles-risiko/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/acquisition/</loc>
<lastmod>2023-11-29T14:41:08+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/acquisition/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/erwerb/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/acquisition/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/erwerb/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/erwerb/</loc>
<lastmod>2023-11-29T14:41:08+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/acquisition/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/erwerb/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/acquisition/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/erwerb/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/private-equity/</loc>
<lastmod>2023-11-29T14:41:02+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/private-equity/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/privates-beteiligungskapital/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/private-equity/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/privates-beteiligungskapital/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/privates-beteiligungskapital/</loc>
<lastmod>2023-11-29T14:41:02+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/private-equity/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/privates-beteiligungskapital/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/private-equity/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/privates-beteiligungskapital/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/transaction-structure/</loc>
<lastmod>2023-08-31T22:23:47+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/transaction-structure/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/transaktions-struktur/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/transaction-structure/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/transaktions-struktur/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/transaktions-struktur/</loc>
<lastmod>2023-08-31T22:23:47+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/transaction-structure/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/transaktions-struktur/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/transaction-structure/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/transaktions-struktur/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/third-party-financing/</loc>
<lastmod>2023-05-31T17:01:29+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/third-party-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/drittfinanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/third-party-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/drittfinanzierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/drittfinanzierung/</loc>
<lastmod>2023-05-31T17:01:29+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/third-party-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/drittfinanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/third-party-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/drittfinanzierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/strategic-buyer/</loc>
<lastmod>2023-05-31T17:01:23+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/strategic-buyer/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/strategischer-einkaufer/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/strategic-buyer/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/strategischer-einkaufer/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/strategischer-einkaufer/</loc>
<lastmod>2023-05-31T17:01:23+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/strategic-buyer/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/strategischer-einkaufer/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/strategic-buyer/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/strategischer-einkaufer/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/shareholder-value/</loc>
<lastmod>2023-05-31T17:01:17+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/shareholder-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/shareholder-value/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/shareholder-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/shareholder-value/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/shareholder-value/</loc>
<lastmod>2023-05-31T17:01:17+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/shareholder-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/shareholder-value/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/shareholder-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/shareholder-value/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/seller-financing/</loc>
<lastmod>2023-05-31T17:01:13+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/seller-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verkauferfinanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/seller-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verkauferfinanzierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/verkauferfinanzierung/</loc>
<lastmod>2023-05-31T17:01:13+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/seller-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verkauferfinanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/seller-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verkauferfinanzierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/seller-discretionary-earnings-sde/</loc>
<lastmod>2023-05-31T17:01:08+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/seller-discretionary-earnings-sde/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verkaufer-ermessen-gewinn-sde/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/seller-discretionary-earnings-sde/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verkaufer-ermessen-gewinn-sde/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/verkaufer-ermessen-gewinn-sde/</loc>
<lastmod>2023-05-31T17:01:08+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/seller-discretionary-earnings-sde/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verkaufer-ermessen-gewinn-sde/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/seller-discretionary-earnings-sde/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verkaufer-ermessen-gewinn-sde/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/sba-loan/</loc>
<lastmod>2023-05-31T17:01:04+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sba-loan/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sparkassenkredit/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sba-loan/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sparkassenkredit/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/sparkassenkredit/</loc>
<lastmod>2023-05-31T17:01:04+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sba-loan/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sparkassenkredit/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sba-loan/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sparkassenkredit/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/sba-small-business-administration/</loc>
<lastmod>2023-05-31T17:00:59+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sba-small-business-administration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sba-verwaltung-fur-kleine-unternehmen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sba-small-business-administration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sba-verwaltung-fur-kleine-unternehmen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/sba-verwaltung-fur-kleine-unternehmen/</loc>
<lastmod>2023-05-31T17:00:59+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sba-small-business-administration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sba-verwaltung-fur-kleine-unternehmen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sba-small-business-administration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sba-verwaltung-fur-kleine-unternehmen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/s-corporation/</loc>
<lastmod>2023-05-31T17:00:52+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/s-corporation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/s-gesellschaft/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/s-corporation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/s-gesellschaft/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/s-gesellschaft/</loc>
<lastmod>2023-05-31T17:00:52+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/s-corporation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/s-gesellschaft/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/s-corporation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/s-gesellschaft/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/rollover/</loc>
<lastmod>2023-05-31T17:00:48+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/rollover/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/uberschlag/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/rollover/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/uberschlag/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/uberschlag/</loc>
<lastmod>2023-05-31T17:00:48+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/rollover/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/uberschlag/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/rollover/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/uberschlag/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/roi-roe/</loc>
<lastmod>2023-05-31T17:00:43+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/roi-roe/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/roi-roe/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/roi-roe/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/roi-roe/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/roi-roe/</loc>
<lastmod>2023-05-31T17:00:43+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/roi-roe/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/roi-roe/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/roi-roe/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/roi-roe/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/recasting/</loc>
<lastmod>2023-05-31T17:00:39+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/recasting/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/neufassung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/recasting/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/neufassung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/neufassung/</loc>
<lastmod>2023-05-31T17:00:39+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/recasting/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/neufassung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/recasting/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/neufassung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/price-multiple/</loc>
<lastmod>2023-05-31T17:00:34+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/price-multiple/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/preis-multiplikator/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/price-multiple/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/preis-multiplikator/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/preis-multiplikator/</loc>
<lastmod>2023-05-31T17:00:34+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/price-multiple/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/preis-multiplikator/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/price-multiple/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/preis-multiplikator/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/preferred-lender/</loc>
<lastmod>2023-05-31T17:00:27+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/preferred-lender/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bevorzugter-kreditgeber/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/preferred-lender/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bevorzugter-kreditgeber/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/bevorzugter-kreditgeber/</loc>
<lastmod>2023-05-31T17:00:27+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/preferred-lender/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bevorzugter-kreditgeber/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/preferred-lender/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bevorzugter-kreditgeber/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/perquisites-perks/</loc>
<lastmod>2023-05-31T17:00:23+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/perquisites-perks/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nebeneinkunfte-vergunstigungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/perquisites-perks/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nebeneinkunfte-vergunstigungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/nebeneinkunfte-vergunstigungen/</loc>
<lastmod>2023-05-31T17:00:23+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/perquisites-perks/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nebeneinkunfte-vergunstigungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/perquisites-perks/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nebeneinkunfte-vergunstigungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/peg/</loc>
<lastmod>2023-05-31T17:00:17+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/peg/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/wirbel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/peg/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/wirbel/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/wirbel/</loc>
<lastmod>2023-05-31T17:00:17+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/peg/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/wirbel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/peg/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/wirbel/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/off-balance-sheet-liabilities/</loc>
<lastmod>2023-05-31T17:00:12+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/off-balance-sheet-liabilities/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/auserbilanzielle-verpflichtungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/off-balance-sheet-liabilities/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/auserbilanzielle-verpflichtungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/auserbilanzielle-verpflichtungen/</loc>
<lastmod>2023-05-31T17:00:12+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/off-balance-sheet-liabilities/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/auserbilanzielle-verpflichtungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/off-balance-sheet-liabilities/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/auserbilanzielle-verpflichtungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/normalization/</loc>
<lastmod>2023-05-31T17:00:03+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/normalization/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/normalisierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/normalization/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/normalisierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/normalisierung/</loc>
<lastmod>2023-05-31T17:00:03+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/normalization/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/normalisierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/normalization/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/normalisierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/non-operating-assets/</loc>
<lastmod>2023-05-31T16:59:57+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/non-operating-assets/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nicht-operative-aktiva/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/non-operating-assets/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nicht-operative-aktiva/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/nicht-operative-aktiva/</loc>
<lastmod>2023-05-31T16:59:57+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/non-operating-assets/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nicht-operative-aktiva/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/non-operating-assets/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nicht-operative-aktiva/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/net-worth/</loc>
<lastmod>2023-05-31T16:59:52+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/net-worth/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nettovermogen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/net-worth/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nettovermogen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/nettovermogen/</loc>
<lastmod>2023-05-31T16:59:52+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/net-worth/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nettovermogen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/net-worth/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nettovermogen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/net-cash-flow/</loc>
<lastmod>2023-05-31T16:59:48+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/net-cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/netto-cash-flow/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/net-cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/netto-cash-flow/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/netto-cash-flow/</loc>
<lastmod>2023-05-31T16:59:48+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/net-cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/netto-cash-flow/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/net-cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/netto-cash-flow/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/mezzanine-capital/</loc>
<lastmod>2023-05-31T16:59:43+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/mezzanine-capital/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mezzaninkapital/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/mezzanine-capital/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mezzaninkapital/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/mezzaninkapital/</loc>
<lastmod>2023-05-31T16:59:43+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/mezzanine-capital/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mezzaninkapital/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/mezzanine-capital/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mezzaninkapital/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/market-cap/</loc>
<lastmod>2023-05-31T16:59:37+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/market-cap/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/marktkapitalisierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/market-cap/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/marktkapitalisierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/marktkapitalisierung/</loc>
<lastmod>2023-05-31T16:59:37+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/market-cap/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/marktkapitalisierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/market-cap/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/marktkapitalisierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/market-approach/</loc>
<lastmod>2023-05-31T16:59:32+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/market-approach/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/marktansatz/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/market-approach/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/marktansatz/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/marktansatz/</loc>
<lastmod>2023-05-31T16:59:32+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/market-approach/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/marktansatz/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/market-approach/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/marktansatz/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/main-street-businesses/</loc>
<lastmod>2023-05-31T16:59:27+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/main-street-businesses/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/hauptstrase-geschafte/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/main-street-businesses/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/hauptstrase-geschafte/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/hauptstrase-geschafte/</loc>
<lastmod>2023-05-31T16:59:27+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/main-street-businesses/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/hauptstrase-geschafte/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/main-street-businesses/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/hauptstrase-geschafte/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/lifo/</loc>
<lastmod>2023-05-31T16:59:23+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/lifo/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/lifo/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/lifo/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/lifo/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/lifo/</loc>
<lastmod>2023-05-31T16:59:23+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/lifo/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/lifo/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/lifo/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/lifo/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/lien/</loc>
<lastmod>2023-05-31T16:59:18+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/lien/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/pfandrecht/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/lien/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/pfandrecht/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/pfandrecht/</loc>
<lastmod>2023-05-31T16:59:18+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/lien/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/pfandrecht/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/lien/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/pfandrecht/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/leveraged-buyout/</loc>
<lastmod>2023-05-31T16:59:13+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/leveraged-buyout/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/leveraged-buyout/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/leveraged-buyout/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/leveraged-buyout/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/leveraged-buyout/</loc>
<lastmod>2023-05-31T16:59:13+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/leveraged-buyout/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/leveraged-buyout/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/leveraged-buyout/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/leveraged-buyout/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/lehman-formula/</loc>
<lastmod>2023-05-31T16:59:06+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/lehman-formula/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/lehman-formel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/lehman-formula/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/lehman-formel/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/lehman-formel/</loc>
<lastmod>2023-05-31T16:59:06+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/lehman-formula/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/lehman-formel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/lehman-formula/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/lehman-formel/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/lease-assignment/</loc>
<lastmod>2023-05-31T16:59:02+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/lease-assignment/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mietvertragsabtretung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/lease-assignment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mietvertragsabtretung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/mietvertragsabtretung/</loc>
<lastmod>2023-05-31T16:59:02+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/lease-assignment/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mietvertragsabtretung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/lease-assignment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mietvertragsabtretung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/investment-banker/</loc>
<lastmod>2023-05-31T16:58:58+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/investment-banker/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/investmentbanker/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/investment-banker/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/investmentbanker/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/investmentbanker/</loc>
<lastmod>2023-05-31T16:58:58+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/investment-banker/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/investmentbanker/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/investment-banker/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/investmentbanker/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/intangible-assets/</loc>
<lastmod>2023-05-31T16:58:53+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/intangible-assets/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/immaterielle-vermogenswerte/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/intangible-assets/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/immaterielle-vermogenswerte/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/immaterielle-vermogenswerte/</loc>
<lastmod>2023-05-31T16:58:53+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/intangible-assets/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/immaterielle-vermogenswerte/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/intangible-assets/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/immaterielle-vermogenswerte/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/indication-of-interest/</loc>
<lastmod>2023-05-31T16:58:48+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/indication-of-interest/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/interessenbekundung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/indication-of-interest/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/interessenbekundung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/interessenbekundung/</loc>
<lastmod>2023-05-31T16:58:48+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/indication-of-interest/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/interessenbekundung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/indication-of-interest/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/interessenbekundung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/indemnification/</loc>
<lastmod>2023-05-31T16:58:41+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/indemnification/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/entschadigung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/indemnification/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/entschadigung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/entschadigung/</loc>
<lastmod>2023-05-31T16:58:41+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/indemnification/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/entschadigung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/indemnification/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/entschadigung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/holdback/</loc>
<lastmod>2023-05-31T16:58:37+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/holdback/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/zuruckhaltend/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/holdback/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/zuruckhaltend/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/zuruckhaltend/</loc>
<lastmod>2023-05-31T16:58:37+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/holdback/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/zuruckhaltend/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/holdback/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/zuruckhaltend/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/going-concern-value/</loc>
<lastmod>2023-05-31T16:58:32+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/going-concern-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/going-concern-value/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/going-concern-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/going-concern-value/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/going-concern-value/</loc>
<lastmod>2023-05-31T16:58:32+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/going-concern-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/going-concern-value/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/going-concern-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/going-concern-value/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/gaap/</loc>
<lastmod>2023-05-31T16:58:28+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/gaap/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gaap/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/gaap/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gaap/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/gaap/</loc>
<lastmod>2023-05-31T16:58:28+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/gaap/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gaap/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/gaap/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gaap/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/free-cash-flow/</loc>
<lastmod>2023-05-31T16:58:23+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/free-cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/freier-cashflow/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/free-cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/freier-cashflow/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/freier-cashflow/</loc>
<lastmod>2023-05-31T16:58:23+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/free-cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/freier-cashflow/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/free-cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/freier-cashflow/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/floor-price/</loc>
<lastmod>2023-05-31T16:58:17+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/floor-price/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/grundpreis/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/floor-price/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/grundpreis/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/grundpreis/</loc>
<lastmod>2023-05-31T16:58:17+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/floor-price/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/grundpreis/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/floor-price/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/grundpreis/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/financial-buyer/</loc>
<lastmod>2023-05-31T16:58:12+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/financial-buyer/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/financial-buyer/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/financial-buyer/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/financial-buyer/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/financial-buyer/</loc>
<lastmod>2023-05-31T16:58:12+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/financial-buyer/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/financial-buyer/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/financial-buyer/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/financial-buyer/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/fair-market-value/</loc>
<lastmod>2023-05-31T16:58:08+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/fair-market-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verkehrswert/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/fair-market-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verkehrswert/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/verkehrswert/</loc>
<lastmod>2023-05-31T16:58:08+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/fair-market-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verkehrswert/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/fair-market-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verkehrswert/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/fifo/</loc>
<lastmod>2023-05-31T16:58:03+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/fifo/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/fifo/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/fifo/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/fifo/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/fifo/</loc>
<lastmod>2023-05-31T16:58:03+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/fifo/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/fifo/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/fifo/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/fifo/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/executive-summary/</loc>
<lastmod>2023-05-31T16:57:58+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/executive-summary/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/zusammenfassung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/executive-summary/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/zusammenfassung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/zusammenfassung/</loc>
<lastmod>2023-05-31T16:57:58+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/executive-summary/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/zusammenfassung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/executive-summary/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/zusammenfassung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/escrow-holder/</loc>
<lastmod>2023-05-31T16:57:51+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/escrow-holder/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/treuhander/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/escrow-holder/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/treuhander/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/treuhander/</loc>
<lastmod>2023-05-31T16:57:51+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/escrow-holder/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/treuhander/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/escrow-holder/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/treuhander/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/discounted-cash-flow-dcf/</loc>
<lastmod>2023-05-31T16:57:47+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/discounted-cash-flow-dcf/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/discounted-cash-flow-dcf/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/discounted-cash-flow-dcf/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/discounted-cash-flow-dcf/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/discounted-cash-flow-dcf/</loc>
<lastmod>2023-05-31T16:57:47+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/discounted-cash-flow-dcf/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/discounted-cash-flow-dcf/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/discounted-cash-flow-dcf/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/discounted-cash-flow-dcf/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/discount-rate/</loc>
<lastmod>2023-05-31T16:57:43+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/discount-rate/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/diskontsatz/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/discount-rate/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/diskontsatz/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/diskontsatz/</loc>
<lastmod>2023-05-31T16:57:43+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/discount-rate/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/diskontsatz/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/discount-rate/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/diskontsatz/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/depreciation/</loc>
<lastmod>2023-05-31T16:57:38+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/depreciation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/abschreibung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/depreciation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/abschreibung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/abschreibung/</loc>
<lastmod>2023-05-31T16:57:38+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/depreciation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/abschreibung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/depreciation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/abschreibung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/covenant/</loc>
<lastmod>2023-05-31T16:57:33+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/covenant/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/vertrag/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/covenant/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/vertrag/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/vertrag/</loc>
<lastmod>2023-05-31T16:57:33+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/covenant/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/vertrag/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/covenant/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/vertrag/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/contingent-liability/</loc>
<lastmod>2023-05-31T16:57:27+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/contingent-liability/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/eventualverbindlichkeit/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/contingent-liability/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/eventualverbindlichkeit/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/eventualverbindlichkeit/</loc>
<lastmod>2023-05-31T16:57:27+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/contingent-liability/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/eventualverbindlichkeit/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/contingent-liability/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/eventualverbindlichkeit/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/confidentiality-agreement/</loc>
<lastmod>2023-05-31T16:57:22+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/confidentiality-agreement/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung-2/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/confidentiality-agreement/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung-2/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/geheimhaltungsvereinbarung-2/</loc>
<lastmod>2023-05-31T16:57:22+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/confidentiality-agreement/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung-2/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/confidentiality-agreement/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung-2/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/confidential-information-memorandum-cim/</loc>
<lastmod>2023-05-31T16:57:18+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/confidential-information-memorandum-cim/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/memorandum-uber-vertrauliche-informationen-zim/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/confidential-information-memorandum-cim/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/memorandum-uber-vertrauliche-informationen-zim/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/memorandum-uber-vertrauliche-informationen-zim/</loc>
<lastmod>2023-05-31T16:57:18+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/confidential-information-memorandum-cim/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/memorandum-uber-vertrauliche-informationen-zim/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/confidential-information-memorandum-cim/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/memorandum-uber-vertrauliche-informationen-zim/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/conditions-to-closing/</loc>
<lastmod>2023-05-31T16:57:14+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/conditions-to-closing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bedingungen-zum-schliesen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/conditions-to-closing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bedingungen-zum-schliesen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/bedingungen-zum-schliesen/</loc>
<lastmod>2023-05-31T16:57:14+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/conditions-to-closing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bedingungen-zum-schliesen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/conditions-to-closing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bedingungen-zum-schliesen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/collateral/</loc>
<lastmod>2023-05-31T16:57:08+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/collateral/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sicherheiten/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/collateral/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sicherheiten/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/sicherheiten/</loc>
<lastmod>2023-05-31T16:57:08+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/collateral/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sicherheiten/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/collateral/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sicherheiten/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/closely-held-corporation/</loc>
<lastmod>2023-05-31T16:57:02+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/closely-held-corporation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gesellschaft-mit-beschrankter-haftung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/closely-held-corporation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gesellschaft-mit-beschrankter-haftung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/gesellschaft-mit-beschrankter-haftung/</loc>
<lastmod>2023-05-31T16:57:02+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/closely-held-corporation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gesellschaft-mit-beschrankter-haftung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/closely-held-corporation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gesellschaft-mit-beschrankter-haftung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cash-flow/</loc>
<lastmod>2023-05-31T16:56:58+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cash-flow/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cash-flow/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/cash-flow/</loc>
<lastmod>2023-05-31T16:56:58+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cash-flow/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cash-flow/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cash-flow/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/capitalization/</loc>
<lastmod>2023-05-31T16:56:53+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capitalization/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kapitalisierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capitalization/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kapitalisierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kapitalisierung/</loc>
<lastmod>2023-05-31T16:56:53+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capitalization/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kapitalisierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capitalization/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kapitalisierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/capitalize/</loc>
<lastmod>2023-05-31T16:56:49+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capitalize/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kapitalisieren/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capitalize/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kapitalisieren/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kapitalisieren/</loc>
<lastmod>2023-05-31T16:56:49+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capitalize/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kapitalisieren/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capitalize/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kapitalisieren/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cap/</loc>
<lastmod>2023-05-31T16:56:43+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cap/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mutze/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cap/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mutze/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/mutze/</loc>
<lastmod>2023-05-31T16:56:43+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cap/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mutze/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cap/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mutze/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cash-basis-accounting/</loc>
<lastmod>2023-05-31T16:56:36+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cash-basis-accounting/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cash-basis-rechnungslegung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cash-basis-accounting/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cash-basis-rechnungslegung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/cash-basis-rechnungslegung/</loc>
<lastmod>2023-05-31T16:56:36+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cash-basis-accounting/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cash-basis-rechnungslegung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cash-basis-accounting/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cash-basis-rechnungslegung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/capital-expenditure/</loc>
<lastmod>2023-05-31T16:56:31+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capital-expenditure/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/investitionsausgaben/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capital-expenditure/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/investitionsausgaben/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/investitionsausgaben/</loc>
<lastmod>2023-05-31T16:56:31+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capital-expenditure/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/investitionsausgaben/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capital-expenditure/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/investitionsausgaben/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/capex/</loc>
<lastmod>2023-05-31T16:56:27+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capex/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kapitaleinsatz/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capex/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kapitaleinsatz/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kapitaleinsatz/</loc>
<lastmod>2023-05-31T16:56:27+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capex/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kapitaleinsatz/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capex/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kapitaleinsatz/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/c-corporation/</loc>
<lastmod>2023-05-31T16:56:23+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/c-corporation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/c-corporation/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/c-corporation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/c-corporation/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/c-corporation/</loc>
<lastmod>2023-05-31T16:56:23+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/c-corporation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/c-corporation/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/c-corporation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/c-corporation/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/bulk-sale/</loc>
<lastmod>2023-05-31T16:56:17+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bulk-sale/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bulk-verkauf/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bulk-sale/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bulk-verkauf/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/bulk-verkauf/</loc>
<lastmod>2023-05-31T16:56:17+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bulk-sale/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bulk-verkauf/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bulk-sale/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bulk-verkauf/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/bridge-loan/</loc>
<lastmod>2023-05-31T16:56:11+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bridge-loan/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/uberbruckungskredit/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bridge-loan/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/uberbruckungskredit/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/uberbruckungskredit/</loc>
<lastmod>2023-05-31T16:56:11+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bridge-loan/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/uberbruckungskredit/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bridge-loan/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/uberbruckungskredit/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/book-value/</loc>
<lastmod>2023-05-31T16:56:07+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/book-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/buchwert/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/book-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/buchwert/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/buchwert/</loc>
<lastmod>2023-05-31T16:56:07+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/book-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/buchwert/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/book-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/buchwert/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/blue-sky/</loc>
<lastmod>2023-05-31T16:56:02+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/blue-sky/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/blauer-himmel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/blue-sky/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/blauer-himmel/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/blauer-himmel/</loc>
<lastmod>2023-05-31T16:56:02+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/blue-sky/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/blauer-himmel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/blue-sky/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/blauer-himmel/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/basket/</loc>
<lastmod>2023-05-31T16:55:58+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/basket/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/korb/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/basket/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/korb/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/korb/</loc>
<lastmod>2023-05-31T16:55:58+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/basket/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/korb/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/basket/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/korb/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/auction-process/</loc>
<lastmod>2023-05-31T16:55:45+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/auction-process/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/auktionsprozess/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/auction-process/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/auktionsprozess/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/auktionsprozess/</loc>
<lastmod>2023-05-31T16:55:45+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/auction-process/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/auktionsprozess/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/auction-process/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/auktionsprozess/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/asset-sale/</loc>
<lastmod>2023-05-31T16:55:40+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-sale/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/asset-verkauf/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-sale/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/asset-verkauf/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/asset-verkauf/</loc>
<lastmod>2023-05-31T16:55:40+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-sale/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/asset-verkauf/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-sale/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/asset-verkauf/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/asset-based-lenders/</loc>
<lastmod>2023-05-31T16:55:36+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-based-lenders/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/asset-based-lender/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-based-lenders/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/asset-based-lender/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/asset-based-lender/</loc>
<lastmod>2023-05-31T16:55:36+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-based-lenders/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/asset-based-lender/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-based-lenders/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/asset-based-lender/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/asset-approach-to-valuation/</loc>
<lastmod>2023-05-31T16:55:32+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-approach-to-valuation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/vermogenswert-zu-bewertung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-approach-to-valuation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/vermogenswert-zu-bewertung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/vermogenswert-zu-bewertung/</loc>
<lastmod>2023-05-31T16:55:32+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-approach-to-valuation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/vermogenswert-zu-bewertung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-approach-to-valuation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/vermogenswert-zu-bewertung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/appraisal/</loc>
<lastmod>2023-05-31T16:55:26+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/appraisal/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schatzung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/appraisal/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schatzung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/schatzung/</loc>
<lastmod>2023-05-31T16:55:26+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/appraisal/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schatzung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/appraisal/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schatzung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/allocation-of-purchase-price/</loc>
<lastmod>2023-05-31T16:55:20+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/allocation-of-purchase-price/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aufteilung-des-anschaffungspreises/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/allocation-of-purchase-price/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aufteilung-des-anschaffungspreises/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/aufteilung-des-anschaffungspreises/</loc>
<lastmod>2023-05-31T16:55:20+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/allocation-of-purchase-price/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aufteilung-des-anschaffungspreises/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/allocation-of-purchase-price/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aufteilung-des-anschaffungspreises/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/add-backs/</loc>
<lastmod>2023-05-31T16:55:16+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/add-backs/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/erganzungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/add-backs/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/erganzungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/erganzungen/</loc>
<lastmod>2023-05-31T16:55:16+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/add-backs/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/erganzungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/add-backs/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/erganzungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/accrual-method-of-accounting/</loc>
<lastmod>2023-05-31T16:55:12+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/accrual-method-of-accounting/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/periodengerechte-rechnungslegung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/accrual-method-of-accounting/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/periodengerechte-rechnungslegung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/periodengerechte-rechnungslegung/</loc>
<lastmod>2023-05-31T16:55:12+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/accrual-method-of-accounting/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/periodengerechte-rechnungslegung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/accrual-method-of-accounting/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/periodengerechte-rechnungslegung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/working-capital-adjustment/</loc>
<lastmod>2023-05-31T16:55:07+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/working-capital-adjustment/"/>
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<url>
<loc>https://old.23.investments/de/glossar/working-capital-anpassung/</loc>
<lastmod>2023-05-31T16:55:07+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/working-capital-adjustment/"/>
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<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/working-capital-adjustment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/working-capital-anpassung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/treaty-shopping/</loc>
<lastmod>2023-05-31T16:54:59+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/treaty-shopping/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/leckerli-shopping/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/treaty-shopping/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/leckerli-shopping/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/leckerli-shopping/</loc>
<lastmod>2023-05-31T16:54:59+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/treaty-shopping/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/leckerli-shopping/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/treaty-shopping/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/leckerli-shopping/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/third-party-claims/</loc>
<lastmod>2023-05-31T16:54:53+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/third-party-claims/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/anspruche-dritter/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/third-party-claims/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/anspruche-dritter/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/anspruche-dritter/</loc>
<lastmod>2023-05-31T16:54:53+00:00</lastmod>
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<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/anspruche-dritter/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/third-party-claims/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/anspruche-dritter/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/thin-capitalization/</loc>
<lastmod>2023-05-31T16:54:49+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/thin-capitalization/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/geringe-kapitalisierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/thin-capitalization/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/geringe-kapitalisierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/geringe-kapitalisierung/</loc>
<lastmod>2023-05-31T16:54:49+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/thin-capitalization/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/geringe-kapitalisierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/thin-capitalization/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/geringe-kapitalisierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/sellers-knowledge/</loc>
<lastmod>2023-05-31T16:54:44+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sellers-knowledge/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verkaufer-kenntnisse/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sellers-knowledge/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verkaufer-kenntnisse/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/verkaufer-kenntnisse/</loc>
<lastmod>2023-05-31T16:54:44+00:00</lastmod>
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<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sellers-knowledge/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verkaufer-kenntnisse/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/signing-and-closing/</loc>
<lastmod>2023-05-31T16:54:40+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/signing-and-closing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/unterzeichnung-und-abschluss/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/signing-and-closing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/unterzeichnung-und-abschluss/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/unterzeichnung-und-abschluss/</loc>
<lastmod>2023-05-31T16:54:40+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/signing-and-closing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/unterzeichnung-und-abschluss/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/signing-and-closing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/unterzeichnung-und-abschluss/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/retention-amount/</loc>
<lastmod>2023-05-31T16:54:35+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/retention-amount/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/einbehaltungsbetrag/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/retention-amount/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/einbehaltungsbetrag/"/>
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<url>
<loc>https://old.23.investments/de/glossar/einbehaltungsbetrag/</loc>
<lastmod>2023-05-31T16:54:35+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/retention-amount/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/einbehaltungsbetrag/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/retention-amount/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/einbehaltungsbetrag/"/>
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<url>
<loc>https://old.23.investments/glossary/reps-warranties/</loc>
<lastmod>2023-05-31T16:54:28+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/reps-warranties/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/vertretungs-garantien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/reps-warranties/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/vertretungs-garantien/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/vertretungs-garantien/</loc>
<lastmod>2023-05-31T16:54:28+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/reps-warranties/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/vertretungs-garantien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/reps-warranties/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/vertretungs-garantien/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/quality-of-numbers-and-quality-of-earnings/</loc>
<lastmod>2023-05-31T16:54:24+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/quality-of-numbers-and-quality-of-earnings/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/qualitat-der-zahlen-und-qualitat-der-gewinne/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/quality-of-numbers-and-quality-of-earnings/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/qualitat-der-zahlen-und-qualitat-der-gewinne/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/qualitat-der-zahlen-und-qualitat-der-gewinne/</loc>
<lastmod>2023-05-31T16:54:24+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/quality-of-numbers-and-quality-of-earnings/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/qualitat-der-zahlen-und-qualitat-der-gewinne/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/quality-of-numbers-and-quality-of-earnings/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/qualitat-der-zahlen-und-qualitat-der-gewinne/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/pro-forma-financial-information/</loc>
<lastmod>2023-05-31T16:54:19+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/pro-forma-financial-information/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/pro-forma-finanzinformationen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/pro-forma-financial-information/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/pro-forma-finanzinformationen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/pro-forma-finanzinformationen/</loc>
<lastmod>2023-05-31T16:54:19+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/pro-forma-financial-information/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/pro-forma-finanzinformationen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/pro-forma-financial-information/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/pro-forma-finanzinformationen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/non-disclosure-agreement/</loc>
<lastmod>2023-05-31T16:54:15+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/non-disclosure-agreement/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/non-disclosure-agreement/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/geheimhaltungsvereinbarung/</loc>
<lastmod>2023-05-31T16:54:15+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/non-disclosure-agreement/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/non-disclosure-agreement/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/non-compete-and-non-solicitation-clauses-in-ma-transactions/</loc>
<lastmod>2023-05-31T16:54:09+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/non-compete-and-non-solicitation-clauses-in-ma-transactions/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/wettbewerbs-und-abwerbeverbote-in-geschaften/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/non-compete-and-non-solicitation-clauses-in-ma-transactions/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/wettbewerbs-und-abwerbeverbote-in-geschaften/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/wettbewerbs-und-abwerbeverbote-in-geschaften/</loc>
<lastmod>2023-05-31T16:54:09+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/non-compete-and-non-solicitation-clauses-in-ma-transactions/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/wettbewerbs-und-abwerbeverbote-in-geschaften/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/non-compete-and-non-solicitation-clauses-in-ma-transactions/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/wettbewerbs-und-abwerbeverbote-in-geschaften/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/memorandum-of-understanding/</loc>
<lastmod>2023-05-31T16:54:03+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/memorandum-of-understanding/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/memorandum-of-understanding/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/memorandum-of-understanding/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/memorandum-of-understanding/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/memorandum-of-understanding/</loc>
<lastmod>2023-05-31T16:54:03+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/memorandum-of-understanding/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/memorandum-of-understanding/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/memorandum-of-understanding/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/memorandum-of-understanding/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/mbo-mbi-lbo/</loc>
<lastmod>2023-05-31T16:53:59+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/mbo-mbi-lbo/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mbo-mbi-lbo/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/mbo-mbi-lbo/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mbo-mbi-lbo/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/mbo-mbi-lbo/</loc>
<lastmod>2023-05-31T16:53:59+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/mbo-mbi-lbo/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mbo-mbi-lbo/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/mbo-mbi-lbo/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mbo-mbi-lbo/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/mac-clause/</loc>
<lastmod>2023-05-31T16:53:54+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/mac-clause/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mac-klausel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/mac-clause/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mac-klausel/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/mac-klausel/</loc>
<lastmod>2023-05-31T16:53:54+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/mac-clause/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/mac-klausel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/mac-clause/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/mac-klausel/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/long-stop-date/</loc>
<lastmod>2023-05-31T16:53:50+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/long-stop-date/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/langes-haltbarkeitsdatum/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/long-stop-date/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/langes-haltbarkeitsdatum/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/langes-haltbarkeitsdatum/</loc>
<lastmod>2023-05-31T16:53:50+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/long-stop-date/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/langes-haltbarkeitsdatum/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/long-stop-date/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/langes-haltbarkeitsdatum/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/limitation-of-liability-de-minimis-basket-cap/</loc>
<lastmod>2023-05-31T16:53:44+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/limitation-of-liability-de-minimis-basket-cap/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/haftungsbeschrankung-de-minimis-korb-cap/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/limitation-of-liability-de-minimis-basket-cap/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/haftungsbeschrankung-de-minimis-korb-cap/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/haftungsbeschrankung-de-minimis-korb-cap/</loc>
<lastmod>2023-05-31T16:53:44+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/limitation-of-liability-de-minimis-basket-cap/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/haftungsbeschrankung-de-minimis-korb-cap/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/limitation-of-liability-de-minimis-basket-cap/"/>
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<url>
<loc>https://old.23.investments/glossary/letter-of-intent-loi/</loc>
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<url>
<loc>https://old.23.investments/glossary/legal-opinion/</loc>
<lastmod>2023-05-31T16:53:34+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/legal-opinion/"/>
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<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/legal-opinion/"/>
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<url>
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<lastmod>2023-05-31T16:53:34+00:00</lastmod>
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<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/legal-opinion/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rechtsgutachten/"/>
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<url>
<loc>https://old.23.investments/glossary/information-request-list/</loc>
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<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/information-anfrage-liste/"/>
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<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/information-anfrage-liste/"/>
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<url>
<loc>https://old.23.investments/de/glossar/information-anfrage-liste/</loc>
<lastmod>2023-05-31T16:53:29+00:00</lastmod>
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<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/information-anfrage-liste/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/information-request-list/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/information-anfrage-liste/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/information-memorandum/</loc>
<lastmod>2023-05-31T16:53:25+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/information-memorandum/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/informations-memorandum/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/information-memorandum/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/informations-memorandum/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/informations-memorandum/</loc>
<lastmod>2023-05-31T16:53:25+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/information-memorandum/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/informations-memorandum/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/information-memorandum/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/informations-memorandum/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/indemnity-vs-warranty/</loc>
<lastmod>2023-05-31T16:53:20+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/indemnity-vs-warranty/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/entschadigung-vs-garantie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/indemnity-vs-warranty/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/entschadigung-vs-garantie/"/>
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<url>
<loc>https://old.23.investments/de/glossar/entschadigung-vs-garantie/</loc>
<lastmod>2023-05-31T16:53:20+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/indemnity-vs-warranty/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/entschadigung-vs-garantie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/indemnity-vs-warranty/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/entschadigung-vs-garantie/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/hohw-clause/</loc>
<lastmod>2023-05-31T16:53:13+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/hohw-clause/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/hohw-klausel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/hohw-clause/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/hohw-klausel/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/hohw-klausel/</loc>
<lastmod>2023-05-31T16:53:13+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/hohw-clause/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/hohw-klausel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/hohw-clause/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/hohw-klausel/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/financial-fact-book-vendor-financial-due-diligence-report/</loc>
<lastmod>2023-05-31T16:53:08+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/financial-fact-book-vendor-financial-due-diligence-report/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/financial-fact-book-vendor-financial-due-diligence-report/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/financial-fact-book-vendor-financial-due-diligence-report/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/financial-fact-book-vendor-financial-due-diligence-report/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/financial-fact-book-vendor-financial-due-diligence-report/</loc>
<lastmod>2023-05-31T16:53:08+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/financial-fact-book-vendor-financial-due-diligence-report/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/financial-fact-book-vendor-financial-due-diligence-report/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/financial-fact-book-vendor-financial-due-diligence-report/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/financial-fact-book-vendor-financial-due-diligence-report/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/escrow-agreements/</loc>
<lastmod>2023-05-31T16:53:04+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/escrow-agreements/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/escrow-agreements/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/escrow-agreements/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/escrow-agreements/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/escrow-agreements/</loc>
<lastmod>2023-05-31T16:53:04+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/escrow-agreements/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/escrow-agreements/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/escrow-agreements/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/escrow-agreements/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/earn-out/</loc>
<lastmod>2023-05-31T16:53:00+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/earn-out/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/earn-out/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/earn-out/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/earn-out/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/earn-out/</loc>
<lastmod>2023-05-31T16:53:00+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/earn-out/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/earn-out/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/earn-out/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/earn-out/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/due-diligence/</loc>
<lastmod>2023-05-31T16:52:54+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sorgfaltspflicht/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sorgfaltspflicht/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/sorgfaltspflicht/</loc>
<lastmod>2023-05-31T16:52:54+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sorgfaltspflicht/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sorgfaltspflicht/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/discount-for-lack-of-control-control-premium/</loc>
<lastmod>2023-05-31T16:52:48+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/discount-for-lack-of-control-control-premium/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/rabatt-fur-kontrollverlust-kontrollpramie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/discount-for-lack-of-control-control-premium/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rabatt-fur-kontrollverlust-kontrollpramie/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/rabatt-fur-kontrollverlust-kontrollpramie/</loc>
<lastmod>2023-05-31T16:52:48+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/discount-for-lack-of-control-control-premium/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/rabatt-fur-kontrollverlust-kontrollpramie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/discount-for-lack-of-control-control-premium/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rabatt-fur-kontrollverlust-kontrollpramie/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/disclosures/</loc>
<lastmod>2023-05-31T16:52:43+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/disclosures/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/offenlegungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/disclosures/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/offenlegungen/"/>
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<url>
<loc>https://old.23.investments/de/glossar/offenlegungen/</loc>
<lastmod>2023-05-31T16:52:43+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/disclosures/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/offenlegungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/disclosures/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/offenlegungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/deed-under-common-law/</loc>
<lastmod>2023-05-31T16:52:38+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/deed-under-common-law/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/deed-under-common-law/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/deed-under-common-law/"/>
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<url>
<loc>https://old.23.investments/de/glossar/deed-under-common-law/</loc>
<lastmod>2023-05-31T16:52:38+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/deed-under-common-law/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/deed-under-common-law/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/deed-under-common-law/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/deed-under-common-law/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/debt-pushdown/</loc>
<lastmod>2023-05-31T16:52:34+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/debt-pushdown/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schuldenabbau/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/debt-pushdown/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schuldenabbau/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/schuldenabbau/</loc>
<lastmod>2023-05-31T16:52:34+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/debt-pushdown/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schuldenabbau/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/debt-pushdown/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schuldenabbau/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/deadlock/</loc>
<lastmod>2023-05-31T16:52:29+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/deadlock/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/deadlock/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/deadlock/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/deadlock/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/deadlock/</loc>
<lastmod>2023-05-31T16:52:29+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/deadlock/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/deadlock/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/deadlock/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/deadlock/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/covenants/</loc>
<lastmod>2023-05-31T16:52:24+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/covenants/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/pakte/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/covenants/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/pakte/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/pakte/</loc>
<lastmod>2023-05-31T16:52:24+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/covenants/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/pakte/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/covenants/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/pakte/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/country-risk-based-on-the-example-of-brazil/</loc>
<lastmod>2023-05-31T16:52:19+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/country-risk-based-on-the-example-of-brazil/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/landerrisiko-am-beispiel-brasiliens/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/country-risk-based-on-the-example-of-brazil/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/landerrisiko-am-beispiel-brasiliens/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/landerrisiko-am-beispiel-brasiliens/</loc>
<lastmod>2023-05-31T16:52:19+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/country-risk-based-on-the-example-of-brazil/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/landerrisiko-am-beispiel-brasiliens/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/country-risk-based-on-the-example-of-brazil/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/landerrisiko-am-beispiel-brasiliens/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/conditions-precedent/</loc>
<lastmod>2023-05-31T16:52:15+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/conditions-precedent/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aufschiebende-bedingungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/conditions-precedent/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aufschiebende-bedingungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/aufschiebende-bedingungen/</loc>
<lastmod>2023-05-31T16:52:15+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/conditions-precedent/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aufschiebende-bedingungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/conditions-precedent/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aufschiebende-bedingungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/closing-conditions/</loc>
<lastmod>2023-05-31T16:52:10+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/closing-conditions/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/abschlussbedingungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/closing-conditions/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/abschlussbedingungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/abschlussbedingungen/</loc>
<lastmod>2023-05-31T16:52:10+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/closing-conditions/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/abschlussbedingungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/closing-conditions/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/abschlussbedingungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/closing-accounts-locked-box-mechanism-and-leakage/</loc>
<lastmod>2023-05-31T16:52:05+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/closing-accounts-locked-box-mechanism-and-leakage/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schliesung-von-konten-mit-schliesfachmechanismus-und-leckage/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/closing-accounts-locked-box-mechanism-and-leakage/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schliesung-von-konten-mit-schliesfachmechanismus-und-leckage/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/schliesung-von-konten-mit-schliesfachmechanismus-und-leckage/</loc>
<lastmod>2023-05-31T16:52:05+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/closing-accounts-locked-box-mechanism-and-leakage/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schliesung-von-konten-mit-schliesfachmechanismus-und-leckage/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/closing-accounts-locked-box-mechanism-and-leakage/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schliesung-von-konten-mit-schliesfachmechanismus-und-leckage/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/choice-of-law-clauses/</loc>
<lastmod>2023-05-31T16:51:59+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/choice-of-law-clauses/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/rechtswahlklauseln/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/choice-of-law-clauses/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rechtswahlklauseln/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/rechtswahlklauseln/</loc>
<lastmod>2023-05-31T16:51:59+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/choice-of-law-clauses/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/rechtswahlklauseln/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/choice-of-law-clauses/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rechtswahlklauseln/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/change-of-control/</loc>
<lastmod>2023-05-31T16:51:55+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/change-of-control/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kontrollwechsel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/change-of-control/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kontrollwechsel/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kontrollwechsel/</loc>
<lastmod>2023-05-31T16:51:55+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/change-of-control/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kontrollwechsel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/change-of-control/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kontrollwechsel/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cash-free-debt-free/</loc>
<lastmod>2023-05-31T16:51:50+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cash-free-debt-free/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bargeldlos-und-schuldenfrei/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cash-free-debt-free/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bargeldlos-und-schuldenfrei/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/bargeldlos-und-schuldenfrei/</loc>
<lastmod>2023-05-31T16:51:50+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cash-free-debt-free/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bargeldlos-und-schuldenfrei/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cash-free-debt-free/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bargeldlos-und-schuldenfrei/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cash-conversion-cycle/</loc>
<lastmod>2023-05-31T16:51:46+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cash-conversion-cycle/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cash-conversion-zyklus/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cash-conversion-cycle/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cash-conversion-zyklus/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/cash-conversion-zyklus/</loc>
<lastmod>2023-05-31T16:51:46+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cash-conversion-cycle/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cash-conversion-zyklus/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cash-conversion-cycle/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cash-conversion-zyklus/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/bring-down-certificate/</loc>
<lastmod>2023-05-31T16:51:40+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bring-down-certificate/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bring-down-zertifikat/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bring-down-certificate/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bring-down-zertifikat/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/bring-down-zertifikat/</loc>
<lastmod>2023-05-31T16:51:40+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bring-down-certificate/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bring-down-zertifikat/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bring-down-certificate/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bring-down-zertifikat/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/break-up-fee/</loc>
<lastmod>2023-05-31T16:51:35+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/break-up-fee/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/break-up-fee/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/break-up-fee/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/break-up-fee/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/break-up-fee/</loc>
<lastmod>2023-05-31T16:51:35+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/break-up-fee/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/break-up-fee/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/break-up-fee/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/break-up-fee/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/bank-guarantee/</loc>
<lastmod>2023-05-31T16:51:31+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bank-guarantee/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bankgarantie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bank-guarantee/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bankgarantie/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/bankgarantie/</loc>
<lastmod>2023-05-31T16:51:31+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bank-guarantee/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bankgarantie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bank-guarantee/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bankgarantie/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/audit-vs-review-vs-agreed-upon-procedure-vs-compilation/</loc>
<lastmod>2023-05-31T16:51:26+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/audit-vs-review-vs-agreed-upon-procedure-vs-compilation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/audit-vs-review-vs-abgestimmtes-verfahren-vs-compilation/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/audit-vs-review-vs-agreed-upon-procedure-vs-compilation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/audit-vs-review-vs-abgestimmtes-verfahren-vs-compilation/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/audit-vs-review-vs-abgestimmtes-verfahren-vs-compilation/</loc>
<lastmod>2023-05-31T16:51:26+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/audit-vs-review-vs-agreed-upon-procedure-vs-compilation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/audit-vs-review-vs-abgestimmtes-verfahren-vs-compilation/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/audit-vs-review-vs-agreed-upon-procedure-vs-compilation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/audit-vs-review-vs-abgestimmtes-verfahren-vs-compilation/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/arbitration-clauses-in-ma-transactions/</loc>
<lastmod>2023-05-31T16:51:21+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/arbitration-clauses-in-ma-transactions/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schiedsklauseln-in-ma-transaktionen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/arbitration-clauses-in-ma-transactions/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schiedsklauseln-in-ma-transaktionen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/schiedsklauseln-in-ma-transaktionen/</loc>
<lastmod>2023-05-31T16:51:21+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/arbitration-clauses-in-ma-transactions/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schiedsklauseln-in-ma-transaktionen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/arbitration-clauses-in-ma-transactions/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schiedsklauseln-in-ma-transaktionen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/synergies/</loc>
<lastmod>2023-05-31T16:51:16+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/synergies/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/synergien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/synergies/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/synergien/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/synergien/</loc>
<lastmod>2023-05-31T16:51:16+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/synergies/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/synergien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/synergies/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/synergien/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/stock-consideration/</loc>
<lastmod>2023-05-31T16:51:09+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/stock-consideration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktienbetrachtung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/stock-consideration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktienbetrachtung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/aktienbetrachtung/</loc>
<lastmod>2023-05-31T16:51:09+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/stock-consideration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktienbetrachtung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/stock-consideration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktienbetrachtung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/share-stock-deal/</loc>
<lastmod>2023-05-31T16:51:05+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/share-stock-deal/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktiendeal/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/share-stock-deal/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktiendeal/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/aktiendeal/</loc>
<lastmod>2023-05-31T16:51:05+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/share-stock-deal/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktiendeal/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/share-stock-deal/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktiendeal/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/share-issuance-discount/</loc>
<lastmod>2023-05-31T16:51:01+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/share-issuance-discount/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktien-ausgabe-rabatt/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/share-issuance-discount/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktien-ausgabe-rabatt/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/aktien-ausgabe-rabatt/</loc>
<lastmod>2023-05-31T16:51:01+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/share-issuance-discount/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktien-ausgabe-rabatt/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/share-issuance-discount/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktien-ausgabe-rabatt/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/share-exchange-ratio/</loc>
<lastmod>2023-05-31T16:50:56+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/share-exchange-ratio/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/umtauschverhaltnis-der-aktien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/share-exchange-ratio/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/umtauschverhaltnis-der-aktien/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/umtauschverhaltnis-der-aktien/</loc>
<lastmod>2023-05-31T16:50:56+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/share-exchange-ratio/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/umtauschverhaltnis-der-aktien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/share-exchange-ratio/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/umtauschverhaltnis-der-aktien/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/sensitivity-analysis/</loc>
<lastmod>2023-05-31T16:50:50+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sensitivity-analysis/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sensitivitatsanalyse/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sensitivity-analysis/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sensitivitatsanalyse/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/sensitivitatsanalyse/</loc>
<lastmod>2023-05-31T16:50:50+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sensitivity-analysis/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sensitivitatsanalyse/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sensitivity-analysis/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sensitivitatsanalyse/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/revenue-enhancements/</loc>
<lastmod>2023-05-31T16:50:44+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/revenue-enhancements/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/umsatzsteigerungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/revenue-enhancements/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/umsatzsteigerungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/umsatzsteigerungen/</loc>
<lastmod>2023-05-31T16:50:44+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/revenue-enhancements/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/umsatzsteigerungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/revenue-enhancements/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/umsatzsteigerungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/restructuring-charges/</loc>
<lastmod>2023-05-31T16:50:39+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/restructuring-charges/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/umstrukturierungskosten/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/restructuring-charges/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/umstrukturierungskosten/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/umstrukturierungskosten/</loc>
<lastmod>2023-05-31T16:50:39+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/restructuring-charges/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/umstrukturierungskosten/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/restructuring-charges/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/umstrukturierungskosten/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/purchase-price-allocation/</loc>
<lastmod>2023-05-31T16:50:35+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/purchase-price-allocation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/einkaufspreis-allokation/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/purchase-price-allocation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/einkaufspreis-allokation/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/einkaufspreis-allokation/</loc>
<lastmod>2023-05-31T16:50:35+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/purchase-price-allocation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/einkaufspreis-allokation/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/purchase-price-allocation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/einkaufspreis-allokation/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/pro-forma-shares-outstanding/</loc>
<lastmod>2023-05-31T16:50:30+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/pro-forma-shares-outstanding/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/pro-forma-ausstehende-aktien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/pro-forma-shares-outstanding/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/pro-forma-ausstehende-aktien/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/pro-forma-ausstehende-aktien/</loc>
<lastmod>2023-05-31T16:50:30+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/pro-forma-shares-outstanding/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/pro-forma-ausstehende-aktien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/pro-forma-shares-outstanding/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/pro-forma-ausstehende-aktien/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/other-closing-costs/</loc>
<lastmod>2023-05-31T16:50:25+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/other-closing-costs/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/andere-abschlusskosten/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/other-closing-costs/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/andere-abschlusskosten/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/andere-abschlusskosten/</loc>
<lastmod>2023-05-31T16:50:25+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/other-closing-costs/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/andere-abschlusskosten/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/other-closing-costs/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/andere-abschlusskosten/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/offer-price/</loc>
<lastmod>2023-05-31T16:50:19+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/offer-price/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/angebotspreis/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/offer-price/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/angebotspreis/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/angebotspreis/</loc>
<lastmod>2023-05-31T16:50:19+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/offer-price/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/angebotspreis/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/offer-price/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/angebotspreis/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/net-book-value-of-assets/</loc>
<lastmod>2023-05-31T16:50:14+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/net-book-value-of-assets/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nettobuchwert-der-vermogenswerte/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/net-book-value-of-assets/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nettobuchwert-der-vermogenswerte/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/nettobuchwert-der-vermogenswerte/</loc>
<lastmod>2023-05-31T16:50:14+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/net-book-value-of-assets/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nettobuchwert-der-vermogenswerte/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/net-book-value-of-assets/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nettobuchwert-der-vermogenswerte/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/merger-statutory/</loc>
<lastmod>2023-05-31T16:50:10+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/merger-statutory/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/fusionsgesetz/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/merger-statutory/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/fusionsgesetz/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/fusionsgesetz/</loc>
<lastmod>2023-05-31T16:50:10+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/merger-statutory/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/fusionsgesetz/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/merger-statutory/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/fusionsgesetz/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/intrinsic-value/</loc>
<lastmod>2023-05-31T16:50:05+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/intrinsic-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/innerer-wert/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/intrinsic-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/innerer-wert/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/innerer-wert/</loc>
<lastmod>2023-05-31T16:50:05+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/intrinsic-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/innerer-wert/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/intrinsic-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/innerer-wert/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/identifiable-assets/</loc>
<lastmod>2023-05-31T16:49:58+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/identifiable-assets/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/identifizierbare-aktiva/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/identifiable-assets/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/identifizierbare-aktiva/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/identifizierbare-aktiva/</loc>
<lastmod>2023-05-31T16:49:58+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/identifiable-assets/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/identifizierbare-aktiva/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/identifiable-assets/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/identifizierbare-aktiva/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/horizontal-integration/</loc>
<lastmod>2023-05-31T16:49:51+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/horizontal-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/horizontale-integration/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/horizontal-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/horizontale-integration/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/horizontale-integration/</loc>
<lastmod>2023-05-31T16:49:51+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/horizontal-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/horizontale-integration/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/horizontal-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/horizontale-integration/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/fully-diluted-shares-outstanding/</loc>
<lastmod>2023-05-31T16:49:46+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/fully-diluted-shares-outstanding/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/voll-verwasserte-aktien-im-umlauf/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/fully-diluted-shares-outstanding/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/voll-verwasserte-aktien-im-umlauf/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/voll-verwasserte-aktien-im-umlauf/</loc>
<lastmod>2023-05-31T16:49:46+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/fully-diluted-shares-outstanding/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/voll-verwasserte-aktien-im-umlauf/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/fully-diluted-shares-outstanding/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/voll-verwasserte-aktien-im-umlauf/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/forward-integration/</loc>
<lastmod>2023-05-31T16:49:42+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/forward-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/vorwarts-integration/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/forward-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/vorwarts-integration/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/vorwarts-integration/</loc>
<lastmod>2023-05-31T16:49:42+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/forward-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/vorwarts-integration/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/forward-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/vorwarts-integration/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/friendly-takeover/</loc>
<lastmod>2023-05-31T16:49:37+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/friendly-takeover/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/freundliche-ubernahme/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/friendly-takeover/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/freundliche-ubernahme/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/freundliche-ubernahme/</loc>
<lastmod>2023-05-31T16:49:37+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/friendly-takeover/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/freundliche-ubernahme/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/friendly-takeover/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/freundliche-ubernahme/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/fair-value-adjustments/</loc>
<lastmod>2023-05-31T16:49:32+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/fair-value-adjustments/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/fair-value-anpassungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/fair-value-adjustments/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/fair-value-anpassungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/fair-value-anpassungen/</loc>
<lastmod>2023-05-31T16:49:32+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/fair-value-adjustments/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/fair-value-anpassungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/fair-value-adjustments/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/fair-value-anpassungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/excess-purchase-price/</loc>
<lastmod>2023-05-31T16:49:26+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/excess-purchase-price/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/selbstkostenpreis/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/excess-purchase-price/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/selbstkostenpreis/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/selbstkostenpreis/</loc>
<lastmod>2023-05-31T16:49:26+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/excess-purchase-price/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/selbstkostenpreis/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/excess-purchase-price/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/selbstkostenpreis/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/equity-issuance-fees/</loc>
<lastmod>2023-05-31T16:49:22+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/equity-issuance-fees/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gebuhren-fur-die-ausgabe-von-aktien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/equity-issuance-fees/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gebuhren-fur-die-ausgabe-von-aktien/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/gebuhren-fur-die-ausgabe-von-aktien/</loc>
<lastmod>2023-05-31T16:49:22+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/equity-issuance-fees/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gebuhren-fur-die-ausgabe-von-aktien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/equity-issuance-fees/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gebuhren-fur-die-ausgabe-von-aktien/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/economies-of-scope/</loc>
<lastmod>2023-05-31T16:49:13+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/economies-of-scope/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/einsparungen-bei-der-reichweite/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/economies-of-scope/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/einsparungen-bei-der-reichweite/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/einsparungen-bei-der-reichweite/</loc>
<lastmod>2023-05-31T16:49:13+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/economies-of-scope/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/einsparungen-bei-der-reichweite/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/economies-of-scope/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/einsparungen-bei-der-reichweite/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/economies-of-scale/</loc>
<lastmod>2023-05-31T16:49:07+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/economies-of-scale/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/grosenvorteile/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/economies-of-scale/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/grosenvorteile/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/grosenvorteile/</loc>
<lastmod>2023-05-31T16:49:07+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/economies-of-scale/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/grosenvorteile/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/economies-of-scale/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/grosenvorteile/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/dilution/</loc>
<lastmod>2023-05-31T16:49:01+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/dilution/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verdunnung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/dilution/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verdunnung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/verdunnung/</loc>
<lastmod>2023-05-31T16:49:01+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/dilution/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verdunnung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/dilution/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verdunnung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/debt-issuance-fees/</loc>
<lastmod>2023-05-31T16:48:57+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/debt-issuance-fees/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gebuhren-fur-die-emission-von-schuldtiteln/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/debt-issuance-fees/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gebuhren-fur-die-emission-von-schuldtiteln/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/gebuhren-fur-die-emission-von-schuldtiteln/</loc>
<lastmod>2023-05-31T16:48:57+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/debt-issuance-fees/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gebuhren-fur-die-emission-von-schuldtiteln/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/debt-issuance-fees/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gebuhren-fur-die-emission-von-schuldtiteln/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/conglomerate/</loc>
<lastmod>2023-05-31T16:48:52+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/conglomerate/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/konglomerat/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/conglomerate/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/konglomerat/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/konglomerat/</loc>
<lastmod>2023-05-31T16:48:52+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/conglomerate/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/konglomerat/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/conglomerate/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/konglomerat/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/compensation-manipulation/</loc>
<lastmod>2023-05-31T16:48:48+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/compensation-manipulation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kompensations-manipulation/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/compensation-manipulation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kompensations-manipulation/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kompensations-manipulation/</loc>
<lastmod>2023-05-31T16:48:48+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/compensation-manipulation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kompensations-manipulation/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/compensation-manipulation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kompensations-manipulation/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cash-consideration/</loc>
<lastmod>2023-05-31T16:48:42+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cash-consideration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gegenleistung-in-bar/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cash-consideration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gegenleistung-in-bar/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/gegenleistung-in-bar/</loc>
<lastmod>2023-05-31T16:48:42+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cash-consideration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gegenleistung-in-bar/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cash-consideration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gegenleistung-in-bar/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/bootstrap-effect/</loc>
<lastmod>2023-05-31T16:48:35+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bootstrap-effect/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bootstrap-effekt/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bootstrap-effect/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bootstrap-effekt/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/bootstrap-effekt/</loc>
<lastmod>2023-05-31T16:48:35+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bootstrap-effect/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bootstrap-effekt/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bootstrap-effect/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bootstrap-effekt/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/backward-integration/</loc>
<lastmod>2023-05-31T16:48:31+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/backward-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/ruckwartsintegration/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/backward-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/ruckwartsintegration/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/ruckwartsintegration/</loc>
<lastmod>2023-05-31T16:48:31+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/backward-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/ruckwartsintegration/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/backward-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/ruckwartsintegration/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/asset-deal/</loc>
<lastmod>2023-05-31T16:48:27+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-deal/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/asset-deal/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-deal/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/asset-deal/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/asset-deal/</loc>
<lastmod>2023-05-31T16:48:27+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-deal/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/asset-deal/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-deal/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/asset-deal/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/amalgamation-consolidation/</loc>
<lastmod>2023-05-31T16:48:22+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/amalgamation-consolidation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verschmelzung-konsolidierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/amalgamation-consolidation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verschmelzung-konsolidierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/verschmelzung-konsolidierung/</loc>
<lastmod>2023-05-31T16:48:22+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/amalgamation-consolidation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verschmelzung-konsolidierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/amalgamation-consolidation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verschmelzung-konsolidierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/acquirer/</loc>
<lastmod>2023-05-31T16:48:17+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/acquirer/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/erwerber/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/acquirer/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/erwerber/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/erwerber/</loc>
<lastmod>2023-05-31T16:48:17+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/acquirer/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/erwerber/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/acquirer/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/erwerber/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/accretion/</loc>
<lastmod>2023-05-31T16:48:11+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/accretion/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/akkretion/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/accretion/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/akkretion/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/akkretion/</loc>
<lastmod>2023-05-31T16:48:11+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/accretion/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/akkretion/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/accretion/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/akkretion/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/working-capital/</loc>
<lastmod>2023-05-31T16:48:07+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/working-capital/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/betriebskapital/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/working-capital/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/betriebskapital/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/betriebskapital/</loc>
<lastmod>2023-05-31T16:48:07+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/working-capital/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/betriebskapital/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/working-capital/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/betriebskapital/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/win-win-negotiation/</loc>
<lastmod>2023-05-31T16:48:02+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/win-win-negotiation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/win-win-verhandlungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/win-win-negotiation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/win-win-verhandlungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/win-win-verhandlungen/</loc>
<lastmod>2023-05-31T16:48:02+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/win-win-negotiation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/win-win-verhandlungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/win-win-negotiation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/win-win-verhandlungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/walkaway-rights/</loc>
<lastmod>2023-05-31T16:47:58+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/walkaway-rights/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/weglaufrechte/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/walkaway-rights/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/weglaufrechte/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/weglaufrechte/</loc>
<lastmod>2023-05-31T16:47:58+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/walkaway-rights/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/weglaufrechte/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/walkaway-rights/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/weglaufrechte/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/vertical-merger/</loc>
<lastmod>2023-05-31T16:47:52+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/vertical-merger/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/vertikaler-zusammenschluss/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/vertical-merger/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/vertikaler-zusammenschluss/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/vertikaler-zusammenschluss/</loc>
<lastmod>2023-05-31T16:47:52+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/vertical-merger/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/vertikaler-zusammenschluss/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/vertical-merger/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/vertikaler-zusammenschluss/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/valuation/</loc>
<lastmod>2023-05-31T16:47:41+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/valuation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bewertung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/valuation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bewertung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/bewertung/</loc>
<lastmod>2023-05-31T16:47:41+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/valuation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bewertung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/valuation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bewertung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/user-experience-ux-design/</loc>
<lastmod>2023-05-31T16:47:37+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/user-experience-ux-design/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/user-experience-ux-design/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/user-experience-ux-design/"/>
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</url>
<url>
<loc>https://old.23.investments/de/glossar/user-experience-ux-design/</loc>
<lastmod>2023-05-31T16:47:37+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/user-experience-ux-design/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/user-experience-ux-design/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/user-experience-ux-design/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/user-experience-ux-design/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/term-sheet/</loc>
<lastmod>2023-05-31T16:47:20+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/term-sheet/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/terminskizze/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/term-sheet/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/terminskizze/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/terminskizze/</loc>
<lastmod>2023-05-31T16:47:20+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/term-sheet/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/terminskizze/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/term-sheet/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/terminskizze/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/takeover/</loc>
<lastmod>2023-05-31T16:47:15+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/takeover/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/ubernahme/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/takeover/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/ubernahme/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/ubernahme/</loc>
<lastmod>2023-05-31T16:47:15+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/takeover/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/ubernahme/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/takeover/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/ubernahme/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/take-private/</loc>
<lastmod>2023-05-31T16:47:11+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/take-private/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/privat-nehmen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/take-private/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/privat-nehmen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/privat-nehmen/</loc>
<lastmod>2023-05-31T16:47:11+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/take-private/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/privat-nehmen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/take-private/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/privat-nehmen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/synergy-realization/</loc>
<lastmod>2023-05-31T16:47:06+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/synergy-realization/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/synergieverwirklichung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/synergy-realization/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/synergieverwirklichung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/synergieverwirklichung/</loc>
<lastmod>2023-05-31T16:47:06+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/synergy-realization/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/synergieverwirklichung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/synergy-realization/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/synergieverwirklichung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/synergy/</loc>
<lastmod>2023-05-31T16:47:01+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/synergy/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/synergie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/synergy/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/synergie/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/synergie/</loc>
<lastmod>2023-05-31T16:47:01+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/synergy/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/synergie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/synergy/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/synergie/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/sustainable-investment/</loc>
<lastmod>2023-05-31T16:46:54+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sustainable-investment/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nachhaltige-investition/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sustainable-investment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nachhaltige-investition/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/nachhaltige-investition/</loc>
<lastmod>2023-05-31T16:46:54+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sustainable-investment/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nachhaltige-investition/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sustainable-investment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nachhaltige-investition/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/sustainability-reporting/</loc>
<lastmod>2023-05-31T16:46:50+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sustainability-reporting/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nachhaltigkeitsberichterstattung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sustainability-reporting/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nachhaltigkeitsberichterstattung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/nachhaltigkeitsberichterstattung/</loc>
<lastmod>2023-05-31T16:46:50+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/sustainability-reporting/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nachhaltigkeitsberichterstattung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/sustainability-reporting/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nachhaltigkeitsberichterstattung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/succession-planning/</loc>
<lastmod>2023-05-31T16:46:45+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/succession-planning/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nachfolgeplanung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/succession-planning/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nachfolgeplanung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/nachfolgeplanung/</loc>
<lastmod>2023-05-31T16:46:45+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/succession-planning/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nachfolgeplanung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/succession-planning/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nachfolgeplanung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/strategic-silence/</loc>
<lastmod>2023-05-31T16:46:41+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/strategic-silence/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/strategisches-schweigen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/strategic-silence/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/strategisches-schweigen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/strategisches-schweigen/</loc>
<lastmod>2023-05-31T16:46:41+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/strategic-silence/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/strategisches-schweigen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/strategic-silence/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/strategisches-schweigen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/stock-purchase/</loc>
<lastmod>2023-05-31T16:46:30+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/stock-purchase/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktienkauf/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/stock-purchase/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktienkauf/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/aktienkauf/</loc>
<lastmod>2023-05-31T16:46:30+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/stock-purchase/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktienkauf/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/stock-purchase/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktienkauf/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/stock-acquisition/</loc>
<lastmod>2023-05-31T16:46:25+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/stock-acquisition/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktienerwerb/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/stock-acquisition/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktienerwerb/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/aktienerwerb/</loc>
<lastmod>2023-05-31T16:46:25+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/stock-acquisition/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktienerwerb/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/stock-acquisition/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktienerwerb/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/spin-off/</loc>
<lastmod>2023-05-31T16:46:20+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/spin-off/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/ableger/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/spin-off/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/ableger/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/ableger/</loc>
<lastmod>2023-05-31T16:46:20+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/spin-off/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/ableger/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/spin-off/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/ableger/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/social-impact/</loc>
<lastmod>2023-05-31T16:46:16+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/social-impact/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/soziale-wirkung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/social-impact/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/soziale-wirkung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/soziale-wirkung/</loc>
<lastmod>2023-05-31T16:46:16+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/social-impact/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/soziale-wirkung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/social-impact/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/soziale-wirkung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/smb-networking/</loc>
<lastmod>2023-05-31T16:46:11+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/smb-networking/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/smb-networking/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/smb-networking/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/smb-networking/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/smb-networking/</loc>
<lastmod>2023-05-31T16:46:11+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/smb-networking/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/smb-networking/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/smb-networking/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/smb-networking/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/smb-financing/</loc>
<lastmod>2023-05-31T16:46:03+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/smb-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/smb-financing/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/smb-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/smb-financing/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/smb-financing/</loc>
<lastmod>2023-05-31T16:46:03+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/smb-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/smb-financing/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/smb-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/smb-financing/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/small-and-medium-sized-business-smb/</loc>
<lastmod>2023-05-31T16:45:58+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/small-and-medium-sized-business-smb/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kleine-und-mittelstandische-unternehmen-smb/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/small-and-medium-sized-business-smb/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kleine-und-mittelstandische-unternehmen-smb/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kleine-und-mittelstandische-unternehmen-smb/</loc>
<lastmod>2023-05-31T16:45:58+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/small-and-medium-sized-business-smb/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kleine-und-mittelstandische-unternehmen-smb/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/small-and-medium-sized-business-smb/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kleine-und-mittelstandische-unternehmen-smb/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/share-purchase-agreement-spa/</loc>
<lastmod>2023-05-31T16:45:54+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/share-purchase-agreement-spa/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktienkaufvertrag-spa/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/share-purchase-agreement-spa/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktienkaufvertrag-spa/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/aktienkaufvertrag-spa/</loc>
<lastmod>2023-05-31T16:45:54+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/share-purchase-agreement-spa/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aktienkaufvertrag-spa/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/share-purchase-agreement-spa/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aktienkaufvertrag-spa/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/robotic-process-automation-rpa/</loc>
<lastmod>2023-05-31T16:45:43+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/robotic-process-automation-rpa/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/roboter-prozess-automatisierung-rpa/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/robotic-process-automation-rpa/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/roboter-prozess-automatisierung-rpa/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/roboter-prozess-automatisierung-rpa/</loc>
<lastmod>2023-05-31T16:45:43+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/robotic-process-automation-rpa/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/roboter-prozess-automatisierung-rpa/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/robotic-process-automation-rpa/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/roboter-prozess-automatisierung-rpa/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/revenue-share/</loc>
<lastmod>2023-05-31T16:45:33+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/revenue-share/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/umsatzanteil/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/revenue-share/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/umsatzanteil/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/umsatzanteil/</loc>
<lastmod>2023-05-31T16:45:33+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/revenue-share/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/umsatzanteil/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/revenue-share/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/umsatzanteil/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/return-on-investment-roi/</loc>
<lastmod>2023-05-31T16:45:29+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/return-on-investment-roi/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/rendite-roi/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/return-on-investment-roi/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rendite-roi/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/rendite-roi/</loc>
<lastmod>2023-05-31T16:45:29+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/return-on-investment-roi/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/rendite-roi/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/return-on-investment-roi/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rendite-roi/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/reputational-risk/</loc>
<lastmod>2023-05-31T16:45:24+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/reputational-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/reputationsrisiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/reputational-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/reputationsrisiko/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/reputationsrisiko/</loc>
<lastmod>2023-05-31T16:45:24+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/reputational-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/reputationsrisiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/reputational-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/reputationsrisiko/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/representations-and-warranties/</loc>
<lastmod>2023-05-31T16:45:19+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/representations-and-warranties/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/zusicherungen-und-garantien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/representations-and-warranties/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/zusicherungen-und-garantien/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/zusicherungen-und-garantien/</loc>
<lastmod>2023-05-31T16:45:19+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/representations-and-warranties/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/zusicherungen-und-garantien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/representations-and-warranties/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/zusicherungen-und-garantien/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/regulatory-approval/</loc>
<lastmod>2023-05-31T16:45:07+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/regulatory-approval/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/behordliche-genehmigung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/regulatory-approval/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/behordliche-genehmigung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/behordliche-genehmigung/</loc>
<lastmod>2023-05-31T16:45:07+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/regulatory-approval/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/behordliche-genehmigung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/regulatory-approval/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/behordliche-genehmigung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/profit-share/</loc>
<lastmod>2023-05-31T16:44:56+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/profit-share/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gewinnbeteiligung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/profit-share/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gewinnbeteiligung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/gewinnbeteiligung/</loc>
<lastmod>2023-05-31T16:44:56+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/profit-share/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gewinnbeteiligung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/profit-share/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gewinnbeteiligung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/power-dynamics/</loc>
<lastmod>2023-05-31T16:44:40+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/power-dynamics/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/leistungsdynamik/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/power-dynamics/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/leistungsdynamik/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/leistungsdynamik/</loc>
<lastmod>2023-05-31T16:44:40+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/power-dynamics/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/leistungsdynamik/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/power-dynamics/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/leistungsdynamik/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/post-merger-it-integration/</loc>
<lastmod>2023-05-31T16:44:36+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/post-merger-it-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/post-merger-it-integration/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/post-merger-it-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/post-merger-it-integration/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/post-merger-it-integration/</loc>
<lastmod>2023-05-31T16:44:36+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/post-merger-it-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/post-merger-it-integration/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/post-merger-it-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/post-merger-it-integration/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/post-merger-integration/</loc>
<lastmod>2023-05-31T16:44:32+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/post-merger-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nach-dem-zusammenschluss/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/post-merger-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nach-dem-zusammenschluss/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/nach-dem-zusammenschluss/</loc>
<lastmod>2023-05-31T16:44:32+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/post-merger-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/nach-dem-zusammenschluss/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/post-merger-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/nach-dem-zusammenschluss/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/political-risk/</loc>
<lastmod>2023-05-31T16:44:26+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/political-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/politisches-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/political-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/politisches-risiko/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/politisches-risiko/</loc>
<lastmod>2023-05-31T16:44:26+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/political-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/politisches-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/political-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/politisches-risiko/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/owner-operator/</loc>
<lastmod>2023-05-31T16:44:20+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/owner-operator/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/eigentumer-betreiber/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/owner-operator/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/eigentumer-betreiber/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/eigentumer-betreiber/</loc>
<lastmod>2023-05-31T16:44:20+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/owner-operator/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/eigentumer-betreiber/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/owner-operator/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/eigentumer-betreiber/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/operational-risk/</loc>
<lastmod>2023-05-31T16:44:16+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/operational-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/operationelles-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/operational-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/operationelles-risiko/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/operationelles-risiko/</loc>
<lastmod>2023-05-31T16:44:16+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/operational-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/operationelles-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/operational-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/operationelles-risiko/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/non-disclosure-agreement-nda/</loc>
<lastmod>2023-05-31T16:44:11+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/non-disclosure-agreement-nda/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung-nda/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/non-disclosure-agreement-nda/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung-nda/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/geheimhaltungsvereinbarung-nda/</loc>
<lastmod>2023-05-31T16:44:11+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/non-disclosure-agreement-nda/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung-nda/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/non-disclosure-agreement-nda/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/geheimhaltungsvereinbarung-nda/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/negotiation-tactics/</loc>
<lastmod>2023-05-31T16:44:07+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/negotiation-tactics/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verhandlungstaktiken/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/negotiation-tactics/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verhandlungstaktiken/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/verhandlungstaktiken/</loc>
<lastmod>2023-05-31T16:44:07+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/negotiation-tactics/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verhandlungstaktiken/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/negotiation-tactics/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verhandlungstaktiken/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/negotiation-strategy/</loc>
<lastmod>2023-05-31T16:44:01+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/negotiation-strategy/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verhandlungs-strategie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/negotiation-strategy/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verhandlungs-strategie/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/verhandlungs-strategie/</loc>
<lastmod>2023-05-31T16:44:01+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/negotiation-strategy/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verhandlungs-strategie/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/negotiation-strategy/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verhandlungs-strategie/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/negotiation-deadlock/</loc>
<lastmod>2023-05-31T16:43:56+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/negotiation-deadlock/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verhandlungs-deadlock/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/negotiation-deadlock/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verhandlungs-deadlock/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/verhandlungs-deadlock/</loc>
<lastmod>2023-05-31T16:43:56+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/negotiation-deadlock/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verhandlungs-deadlock/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/negotiation-deadlock/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verhandlungs-deadlock/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/microbusiness/</loc>
<lastmod>2023-05-31T16:43:52+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/microbusiness/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kleinstunternehmen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/microbusiness/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kleinstunternehmen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kleinstunternehmen/</loc>
<lastmod>2023-05-31T16:43:52+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/microbusiness/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kleinstunternehmen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/microbusiness/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kleinstunternehmen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/merger/</loc>
<lastmod>2023-05-31T16:43:38+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/merger/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/fusion/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/merger/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/fusion/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/fusion/</loc>
<lastmod>2023-05-31T16:43:38+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/merger/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/fusion/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/merger/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/fusion/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/material-adverse-change-mac-clause/</loc>
<lastmod>2023-05-31T16:43:32+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/material-adverse-change-mac-clause/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/material-adverse-change-mac-clause/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/material-adverse-change-mac-clause/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/material-adverse-change-mac-clause/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/material-adverse-change-mac-clause/</loc>
<lastmod>2023-05-31T16:43:32+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/material-adverse-change-mac-clause/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/material-adverse-change-mac-clause/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/material-adverse-change-mac-clause/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/material-adverse-change-mac-clause/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/market-penetration/</loc>
<lastmod>2023-05-31T16:43:23+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/market-penetration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/marktdurchdringung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/market-penetration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/marktdurchdringung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/marktdurchdringung/</loc>
<lastmod>2023-05-31T16:43:23+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/market-penetration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/marktdurchdringung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/market-penetration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/marktdurchdringung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/management-buyout-mbo/</loc>
<lastmod>2023-05-31T16:43:19+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/management-buyout-mbo/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/management-buyout-mbo/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/management-buyout-mbo/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/management-buyout-mbo/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/management-buyout-mbo/</loc>
<lastmod>2023-05-31T16:43:19+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/management-buyout-mbo/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/management-buyout-mbo/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/management-buyout-mbo/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/management-buyout-mbo/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/machine-learning/</loc>
<lastmod>2023-05-31T16:43:14+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/machine-learning/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/maschinelles-lernen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/machine-learning/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/maschinelles-lernen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/maschinelles-lernen/</loc>
<lastmod>2023-05-31T16:43:14+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/machine-learning/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/maschinelles-lernen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/machine-learning/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/maschinelles-lernen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/local-business/</loc>
<lastmod>2023-05-31T16:43:08+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/local-business/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/lokales-geschaft/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/local-business/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/lokales-geschaft/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/lokales-geschaft/</loc>
<lastmod>2023-05-31T16:43:08+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/local-business/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/lokales-geschaft/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/local-business/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/lokales-geschaft/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/leveraged-buyout-lbo/</loc>
<lastmod>2023-05-31T16:43:04+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/leveraged-buyout-lbo/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/leveraged-buyout-lbo/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/leveraged-buyout-lbo/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/leveraged-buyout-lbo/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/leveraged-buyout-lbo/</loc>
<lastmod>2023-05-31T16:43:04+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/leveraged-buyout-lbo/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/leveraged-buyout-lbo/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/leveraged-buyout-lbo/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/leveraged-buyout-lbo/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/legal-risk/</loc>
<lastmod>2023-05-31T16:42:55+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/legal-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/rechtliches-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/legal-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rechtliches-risiko/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/rechtliches-risiko/</loc>
<lastmod>2023-05-31T16:42:55+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/legal-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/rechtliches-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/legal-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rechtliches-risiko/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/legal-due-diligence/</loc>
<lastmod>2023-05-31T16:42:49+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/legal-due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/rechtliche-due-diligence-prufung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/legal-due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rechtliche-due-diligence-prufung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/rechtliche-due-diligence-prufung/</loc>
<lastmod>2023-05-31T16:42:49+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/legal-due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/rechtliche-due-diligence-prufung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/legal-due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/rechtliche-due-diligence-prufung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/internet-of-things-iot/</loc>
<lastmod>2023-05-31T16:42:39+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/internet-of-things-iot/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/internet-der-dinge-iot/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/internet-of-things-iot/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/internet-der-dinge-iot/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/internet-der-dinge-iot/</loc>
<lastmod>2023-05-31T16:42:39+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/internet-of-things-iot/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/internet-der-dinge-iot/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/internet-of-things-iot/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/internet-der-dinge-iot/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/integrative-negotiation/</loc>
<lastmod>2023-05-31T16:42:35+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/integrative-negotiation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/integrative-verhandlung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/integrative-negotiation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/integrative-verhandlung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/integrative-verhandlung/</loc>
<lastmod>2023-05-31T16:42:35+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/integrative-negotiation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/integrative-verhandlung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/integrative-negotiation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/integrative-verhandlung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/integration-team/</loc>
<lastmod>2023-05-31T16:42:30+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/integration-team/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/integrationsteam/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/integration-team/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/integrationsteam/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/integrationsteam/</loc>
<lastmod>2023-05-31T16:42:30+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/integration-team/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/integrationsteam/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/integration-team/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/integrationsteam/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/integration-risk-management/</loc>
<lastmod>2023-05-31T16:42:25+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/integration-risk-management/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/integration-risk-management/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/integration-risk-management/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/integration-risk-management/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/integration-risk-management/</loc>
<lastmod>2023-05-31T16:42:25+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/integration-risk-management/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/integration-risk-management/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/integration-risk-management/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/integration-risk-management/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/integration-planning/</loc>
<lastmod>2023-05-31T16:42:20+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/integration-planning/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/integrationsplanung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/integration-planning/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/integrationsplanung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/integrationsplanung/</loc>
<lastmod>2023-05-31T16:42:20+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/integration-planning/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/integrationsplanung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/integration-planning/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/integrationsplanung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/indemnity-clause/</loc>
<lastmod>2023-05-31T16:42:10+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/indemnity-clause/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/entschadigungsklausel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/indemnity-clause/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/entschadigungsklausel/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/entschadigungsklausel/</loc>
<lastmod>2023-05-31T16:42:10+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/indemnity-clause/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/entschadigungsklausel/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/indemnity-clause/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/entschadigungsklausel/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/impact-investing/</loc>
<lastmod>2023-05-31T16:42:06+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/impact-investing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/impact-investing/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/impact-investing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/impact-investing/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/impact-investing/</loc>
<lastmod>2023-05-31T16:42:06+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/impact-investing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/impact-investing/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/impact-investing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/impact-investing/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/hostile-takeover/</loc>
<lastmod>2023-05-31T16:42:00+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/hostile-takeover/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/feindliche-ubernahme/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/hostile-takeover/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/feindliche-ubernahme/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/feindliche-ubernahme/</loc>
<lastmod>2023-05-31T16:42:00+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/hostile-takeover/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/feindliche-ubernahme/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/hostile-takeover/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/feindliche-ubernahme/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/green-investing/</loc>
<lastmod>2023-05-31T16:41:44+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/green-investing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/grunes-investieren/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/green-investing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/grunes-investieren/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/grunes-investieren/</loc>
<lastmod>2023-05-31T16:41:44+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/green-investing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/grunes-investieren/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/green-investing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/grunes-investieren/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/goodwill/</loc>
<lastmod>2023-05-31T16:41:39+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/goodwill/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/goodwill/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/goodwill/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/goodwill/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/goodwill/</loc>
<lastmod>2023-05-31T16:41:39+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/goodwill/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/goodwill/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/goodwill/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/goodwill/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/franchise/</loc>
<lastmod>2023-05-31T16:41:34+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/franchise/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/franchise/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/franchise/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/franchise/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/franchise/</loc>
<lastmod>2023-05-31T16:41:34+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/franchise/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/franchise/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/franchise/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/franchise/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/financial-due-diligence/</loc>
<lastmod>2023-05-31T16:41:24+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/financial-due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sorgfaltspflicht-bei-finanzgeschaften/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/financial-due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sorgfaltspflicht-bei-finanzgeschaften/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/sorgfaltspflicht-bei-finanzgeschaften/</loc>
<lastmod>2023-05-31T16:41:24+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/financial-due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/sorgfaltspflicht-bei-finanzgeschaften/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/financial-due-diligence/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/sorgfaltspflicht-bei-finanzgeschaften/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/esg-criteria/</loc>
<lastmod>2023-05-31T16:41:03+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/esg-criteria/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/esg-kriterien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/esg-criteria/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/esg-kriterien/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/esg-kriterien/</loc>
<lastmod>2023-05-31T16:41:03+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/esg-criteria/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/esg-kriterien/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/esg-criteria/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/esg-kriterien/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/escrow-agreement/</loc>
<lastmod>2023-05-31T16:40:59+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/escrow-agreement/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/escrow-agreement/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/escrow-agreement/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/escrow-agreement/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/escrow-agreement/</loc>
<lastmod>2023-05-31T16:40:59+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/escrow-agreement/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/escrow-agreement/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/escrow-agreement/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/escrow-agreement/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/escrow/</loc>
<lastmod>2023-05-31T16:40:54+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/escrow/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/treuhandkonto/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/escrow/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/treuhandkonto/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/treuhandkonto/</loc>
<lastmod>2023-05-31T16:40:54+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/escrow/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/treuhandkonto/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/escrow/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/treuhandkonto/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/escalation-of-commitment/</loc>
<lastmod>2023-05-31T16:40:49+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/escalation-of-commitment/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/eskalation-der-verpflichtungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/escalation-of-commitment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/eskalation-der-verpflichtungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/eskalation-der-verpflichtungen/</loc>
<lastmod>2023-05-31T16:40:49+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/escalation-of-commitment/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/eskalation-der-verpflichtungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/escalation-of-commitment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/eskalation-der-verpflichtungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/equity-financing/</loc>
<lastmod>2023-05-31T16:40:38+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/equity-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/eigenkapital-finanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/equity-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/eigenkapital-finanzierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/eigenkapital-finanzierung/</loc>
<lastmod>2023-05-31T16:40:38+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/equity-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/eigenkapital-finanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/equity-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/eigenkapital-finanzierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/enterprise-value/</loc>
<lastmod>2023-05-31T16:40:34+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/enterprise-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/unternehmenswert/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/enterprise-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/unternehmenswert/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/unternehmenswert/</loc>
<lastmod>2023-05-31T16:40:34+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/enterprise-value/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/unternehmenswert/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/enterprise-value/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/unternehmenswert/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/earnout/</loc>
<lastmod>2023-05-31T16:40:25+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/earnout/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/earnout/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/earnout/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/earnout/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/earnout/</loc>
<lastmod>2023-05-31T16:40:25+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/earnout/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/earnout/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/earnout/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/earnout/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/due-diligence-process/</loc>
<lastmod>2023-05-31T16:40:20+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/due-diligence-process/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/due-diligence-prufung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/due-diligence-process/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/due-diligence-prufung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/due-diligence-prufung/</loc>
<lastmod>2023-05-31T16:40:20+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/due-diligence-process/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/due-diligence-prufung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/due-diligence-process/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/due-diligence-prufung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/divestiture/</loc>
<lastmod>2023-05-31T16:40:10+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/divestiture/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verauserung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/divestiture/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verauserung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/verauserung/</loc>
<lastmod>2023-05-31T16:40:10+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/divestiture/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/verauserung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/divestiture/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/verauserung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/digital-transformation/</loc>
<lastmod>2023-05-31T16:39:59+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/digital-transformation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/digital-transformation/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/digital-transformation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/digital-transformation/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/digital-transformation/</loc>
<lastmod>2023-05-31T16:39:59+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/digital-transformation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/digital-transformation/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/digital-transformation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/digital-transformation/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/deferred-payments/</loc>
<lastmod>2023-05-31T16:39:54+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/deferred-payments/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aufgeschobene-zahlungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/deferred-payments/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aufgeschobene-zahlungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/aufgeschobene-zahlungen/</loc>
<lastmod>2023-05-31T16:39:54+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/deferred-payments/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/aufgeschobene-zahlungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/deferred-payments/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/aufgeschobene-zahlungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/deferred-down-payment/</loc>
<lastmod>2023-05-31T16:39:48+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/deferred-down-payment/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/stundung-der-anzahlung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/deferred-down-payment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/stundung-der-anzahlung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/stundung-der-anzahlung/</loc>
<lastmod>2023-05-31T16:39:48+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/deferred-down-payment/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/stundung-der-anzahlung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/deferred-down-payment/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/stundung-der-anzahlung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/debt-financing/</loc>
<lastmod>2023-05-31T16:39:43+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/debt-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schuldenfinanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/debt-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schuldenfinanzierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/schuldenfinanzierung/</loc>
<lastmod>2023-05-31T16:39:43+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/debt-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schuldenfinanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/debt-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schuldenfinanzierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/deal-structure/</loc>
<lastmod>2023-05-31T16:39:39+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/deal-structure/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/deal-struktur/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/deal-structure/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/deal-struktur/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/deal-struktur/</loc>
<lastmod>2023-05-31T16:39:39+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/deal-structure/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/deal-struktur/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/deal-structure/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/deal-struktur/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/day-one-readiness/</loc>
<lastmod>2023-05-31T16:39:34+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/day-one-readiness/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bereitschaft-fur-den-ersten-tag/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/day-one-readiness/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bereitschaft-fur-den-ersten-tag/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/bereitschaft-fur-den-ersten-tag/</loc>
<lastmod>2023-05-31T16:39:34+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/day-one-readiness/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/bereitschaft-fur-den-ersten-tag/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/day-one-readiness/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/bereitschaft-fur-den-ersten-tag/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cybersecurity-risk/</loc>
<lastmod>2023-05-31T16:39:29+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cybersecurity-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cybersecurity-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cybersecurity-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cybersecurity-risiko/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/cybersecurity-risiko/</loc>
<lastmod>2023-05-31T16:39:29+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cybersecurity-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cybersecurity-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cybersecurity-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cybersecurity-risiko/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cybersecurity/</loc>
<lastmod>2023-05-31T16:39:22+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cybersecurity/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cybersicherheit/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cybersecurity/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cybersicherheit/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/cybersicherheit/</loc>
<lastmod>2023-05-31T16:39:22+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cybersecurity/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/cybersicherheit/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cybersecurity/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/cybersicherheit/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cultural-integration/</loc>
<lastmod>2023-05-31T16:39:18+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cultural-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kulturelle-integration/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cultural-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kulturelle-integration/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kulturelle-integration/</loc>
<lastmod>2023-05-31T16:39:18+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cultural-integration/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kulturelle-integration/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cultural-integration/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kulturelle-integration/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/cross-border-transaction/</loc>
<lastmod>2023-05-31T16:39:13+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cross-border-transaction/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/grenzuberschreitende-transaktion/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cross-border-transaction/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/grenzuberschreitende-transaktion/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/grenzuberschreitende-transaktion/</loc>
<lastmod>2023-05-31T16:39:13+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/cross-border-transaction/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/grenzuberschreitende-transaktion/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/cross-border-transaction/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/grenzuberschreitende-transaktion/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/counteroffer/</loc>
<lastmod>2023-05-31T16:39:09+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/counteroffer/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gegenangebot/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/counteroffer/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gegenangebot/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/gegenangebot/</loc>
<lastmod>2023-05-31T16:39:09+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/counteroffer/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/gegenangebot/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/counteroffer/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/gegenangebot/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/consolidation/</loc>
<lastmod>2023-05-31T16:39:04+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/consolidation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/konsolidierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/consolidation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/konsolidierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/konsolidierung/</loc>
<lastmod>2023-05-31T16:39:04+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/consolidation/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/konsolidierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/consolidation/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/konsolidierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/compliance-risk/</loc>
<lastmod>2023-05-31T16:38:58+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/compliance-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/compliance-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/compliance-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/compliance-risiko/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/compliance-risiko/</loc>
<lastmod>2023-05-31T16:38:58+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/compliance-risk/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/compliance-risiko/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/compliance-risk/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/compliance-risiko/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/communication-plan/</loc>
<lastmod>2023-05-31T16:38:54+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/communication-plan/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kommunikationsplan/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/communication-plan/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kommunikationsplan/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kommunikationsplan/</loc>
<lastmod>2023-05-31T16:38:54+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/communication-plan/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kommunikationsplan/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/communication-plan/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kommunikationsplan/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/closing/</loc>
<lastmod>2023-05-31T16:38:45+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/closing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schliesen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/closing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schliesen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/schliesen/</loc>
<lastmod>2023-05-31T16:38:45+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/closing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/schliesen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/closing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/schliesen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/change-management/</loc>
<lastmod>2023-05-31T16:38:34+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/change-management/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/anderungsmanagement/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/change-management/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/anderungsmanagement/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/anderungsmanagement/</loc>
<lastmod>2023-05-31T16:38:34+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/change-management/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/anderungsmanagement/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/change-management/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/anderungsmanagement/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/carve-out/</loc>
<lastmod>2023-05-31T16:38:30+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/carve-out/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/ausgliederung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/carve-out/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/ausgliederung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/ausgliederung/</loc>
<lastmod>2023-05-31T16:38:30+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/carve-out/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/ausgliederung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/carve-out/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/ausgliederung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/capital-structure/</loc>
<lastmod>2023-05-31T16:38:26+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capital-structure/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kapital-struktur/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capital-structure/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kapital-struktur/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kapital-struktur/</loc>
<lastmod>2023-05-31T16:38:26+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capital-structure/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kapital-struktur/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capital-structure/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kapital-struktur/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/capital-expenditure-capex/</loc>
<lastmod>2023-05-31T16:38:21+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capital-expenditure-capex/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/investitionen-ausgaben-kapazitaten/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capital-expenditure-capex/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/investitionen-ausgaben-kapazitaten/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/investitionen-ausgaben-kapazitaten/</loc>
<lastmod>2023-05-31T16:38:21+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/capital-expenditure-capex/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/investitionen-ausgaben-kapazitaten/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/capital-expenditure-capex/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/investitionen-ausgaben-kapazitaten/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/buy-and-build/</loc>
<lastmod>2023-05-31T16:38:16+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/buy-and-build/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kaufen-und-bauen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/buy-and-build/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kaufen-und-bauen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kaufen-und-bauen/</loc>
<lastmod>2023-05-31T16:38:16+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/buy-and-build/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kaufen-und-bauen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/buy-and-build/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kaufen-und-bauen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/business-continuity/</loc>
<lastmod>2023-05-31T16:38:10+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/business-continuity/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/business-continuity/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/business-continuity/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/business-continuity/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/business-continuity/</loc>
<lastmod>2023-05-31T16:38:10+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/business-continuity/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/business-continuity/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/business-continuity/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/business-continuity/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/bridge-financing/</loc>
<lastmod>2023-05-31T16:38:06+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bridge-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/uberbruckungsfinanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bridge-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/uberbruckungsfinanzierung/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/uberbruckungsfinanzierung/</loc>
<lastmod>2023-05-31T16:38:06+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/bridge-financing/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/uberbruckungsfinanzierung/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/bridge-financing/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/uberbruckungsfinanzierung/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/blockchain/</loc>
<lastmod>2023-05-31T16:38:01+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/blockchain/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/blockchain/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/blockchain/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/blockchain/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/blockchain/</loc>
<lastmod>2023-05-31T16:38:01+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/blockchain/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/blockchain/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/blockchain/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/blockchain/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/big-data/</loc>
<lastmod>2023-05-31T16:37:57+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/big-data/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/big-data/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/big-data/"/>
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</url>
<url>
<loc>https://old.23.investments/de/glossar/big-data/</loc>
<lastmod>2023-05-31T16:37:57+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/big-data/"/>
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<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/big-data/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/batna/</loc>
<lastmod>2023-05-31T16:37:51+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/batna/"/>
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</url>
<url>
<loc>https://old.23.investments/de/glossar/batna/</loc>
<lastmod>2023-05-31T16:37:51+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/batna/"/>
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<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/batna/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/asset-purchase-agreement-apa/</loc>
<lastmod>2023-05-31T16:37:46+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-purchase-agreement-apa/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/asset-kauf-vertrag-apa/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-purchase-agreement-apa/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/asset-kauf-vertrag-apa/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/asset-kauf-vertrag-apa/</loc>
<lastmod>2023-05-31T16:37:46+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-purchase-agreement-apa/"/>
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<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/asset-kauf-vertrag-apa/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/asset-purchase/</loc>
<lastmod>2023-05-31T16:37:41+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-purchase/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kauf-von-vermogenswerten/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-purchase/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kauf-von-vermogenswerten/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kauf-von-vermogenswerten/</loc>
<lastmod>2023-05-31T16:37:41+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-purchase/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kauf-von-vermogenswerten/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-purchase/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kauf-von-vermogenswerten/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/asset-acquisition/</loc>
<lastmod>2023-05-31T16:37:37+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-acquisition/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/asset-akquisition/"/>
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<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/asset-akquisition/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/asset-akquisition/</loc>
<lastmod>2023-05-31T16:37:37+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/asset-acquisition/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/asset-akquisition/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/asset-acquisition/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/asset-akquisition/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/artificial-intelligence-ai/</loc>
<lastmod>2023-05-31T16:37:32+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/artificial-intelligence-ai/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kunstliche-intelligenz-ai/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/artificial-intelligence-ai/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kunstliche-intelligenz-ai/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kunstliche-intelligenz-ai/</loc>
<lastmod>2023-05-31T16:37:32+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/artificial-intelligence-ai/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kunstliche-intelligenz-ai/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/artificial-intelligence-ai/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kunstliche-intelligenz-ai/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/antitrust-laws/</loc>
<lastmod>2023-05-31T16:37:27+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/antitrust-laws/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kartellrechtliche-bestimmungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/antitrust-laws/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kartellrechtliche-bestimmungen/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/kartellrechtliche-bestimmungen/</loc>
<lastmod>2023-05-31T16:37:27+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/antitrust-laws/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/kartellrechtliche-bestimmungen/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/antitrust-laws/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/kartellrechtliche-bestimmungen/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/angel-investor/</loc>
<lastmod>2023-05-31T16:37:21+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/angel-investor/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/angel-investor/"/>
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<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/angel-investor/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/angel-investor/</loc>
<lastmod>2023-05-31T16:37:21+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/angel-investor/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/angel-investor/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/angel-investor/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/angel-investor/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/amortization/</loc>
<lastmod>2023-05-31T16:37:17+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/amortization/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/abschreibung-2/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/amortization/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/abschreibung-2/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/abschreibung-2/</loc>
<lastmod>2023-05-31T16:37:17+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/amortization/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/abschreibung-2/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/amortization/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/abschreibung-2/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/agile-methodology/</loc>
<lastmod>2023-05-31T16:37:13+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/agile-methodology/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/agile-methodik/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/agile-methodology/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/agile-methodik/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/agile-methodik/</loc>
<lastmod>2023-05-31T16:37:13+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/agile-methodology/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/agile-methodik/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/agile-methodology/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/agile-methodik/"/>
</url>

<url>
<loc>https://old.23.investments/glossary/100-day-plan/</loc>
<lastmod>2023-05-31T16:37:03+00:00</lastmod><xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/100-day-plan/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/100-tage-plan/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/100-day-plan/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/100-tage-plan/"/>
</url>
<url>
<loc>https://old.23.investments/de/glossar/100-tage-plan/</loc>
<lastmod>2023-05-31T16:37:03+00:00</lastmod>
<xhtml:link rel="alternate" hreflang="en-US" href="https://old.23.investments/glossary/100-day-plan/"/>
<xhtml:link rel="alternate" hreflang="de-DE" href="https://old.23.investments/de/glossar/100-tage-plan/"/>
<xhtml:link rel="alternate" hreflang="en" href="https://old.23.investments/glossary/100-day-plan/"/>
<xhtml:link rel="alternate" hreflang="de" href="https://old.23.investments/de/glossar/100-tage-plan/"/>
</url>
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