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A subsidiary, subsidiary company, or daughter company [1] [2] [3] is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company.
A bank holding company is able to declare itself a financial holding company by meeting certain guidelines including having well-capitalized subsidiary banks and receiving satisfactory or higher ...
Once a full takeover or purchase is enacted, the held company is seen to have ceased to operate as an independent entity but to have become a tending subsidiary of the purchasing company, which, in turn, becomes the parent company of the subsidiary. (A holding below 50% could be sufficient to give a parent company material influence if they are ...
In 1985, Industria de Diseño Textil S.A. or Inditex was created as a holding company for Zara and its manufacturing plants. [16] In 1988, the company began expanding internationally with the opening of a Zara store in Porto, Portugal. [17] In 1990, the company-owned footwear collection, Tempe, populated in the children's section of Zara stores ...
Chloé was founded in 1952 by Egyptian-born Gaby Aghion, who sought to offer luxury prêt-à-porter (ready-to-wear)—a concept new at that time. [4] Gaby Aghion and her partner Jacques Lenoir continued to run the house until 1985, when Chloé was bought by Alfred Dunhill Ltd. (now part of Richemont).
Koninklijke Ahold Delhaize N.V. (in Dutch literally "Royal Ahold Delhaize"), commonly known as Ahold Delhaize, [5] is a Dutch-Belgian multinational retail and wholesale holding company. Its name comes from the 2016 merger of two companies: Ahold (Dutch) and Delhaize Group (Belgian), which both have origins in
Elo Group, previously known as Auchan Holding, is the holding company of Auchan Retail. It also includes New Immo Holding (previously known as Ceetrus and Immochan), the division which operates shopping centers and hypermarket galleries and Oney (previously known as Bank Accord), the financial services group that offers consumer credits and ...
The company's products are sold in the United States under the Aki-Home brand name. [5] In November 2010, Nitori Holdings, Inc. was established as a wholly owned subsidiary of Nitori Holdings (holding company) following the transition to a holding company structure, which was established in 2012 and began operating stores under the name "AKi ...
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