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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 subsidiary of Berkshire Hathaway Energy: Omaha World-Herald: Media 100% 2011/12/01 [59] $150 Million [60] Oriental Trading Company: Toy Party Craft 100% 2012/11/02 [61] PacifiCorp: Electric Distribution 92% 2005 $9.4 billion [62] A subsidiary of Berkshire Hathaway Energy: Pampered Chef [63] Food and Beverage 100% 2002/09/23 Pilot Flying J
A wholly owned subsidiary includes two types of strategies: Greenfield investment and Acquisitions. Greenfield investment and acquisition include both advantages and disadvantages. To decide which entry modes to use is depending on situations. Greenfield investment is the establishment of a new wholly owned subsidiary.
The group operates through its principal wholly owned mainline operating subsidiary, American Airlines. It also has three subsidiaries, regional carriers Envoy Air Inc., Piedmont Airlines, Inc., and PSA Airlines Inc., that, together with three independent carriers, operate American Eagle under a codeshare and service agreement with American ...
UCC is a wholly owned subsidiary (since February 6, 2001) of Dow Chemical Company. Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers. Some are high-volume commodities and others are specialty products meeting the needs of smaller markets.
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Motiva Enterprises, LLC is an American company that operates as a wholly owned US subsidiary of Saudi Aramco. Headquartered in Houston, Texas, it had revenue of $37 Billion. [5] Motiva operates as a distributor of Shell and 76 branded gasolines within its operating territory. [3]
Nexen Inc. was one of two Canadian oil and gas companies that the Harper government controversially approved the sale of to foreign state-owned enterprises in 2012; though it stated that future takeovers by SOEs would face new rules, especially in the energy sector. Nexen became a wholly-owned subsidiary of CNOOC on 25 February 2013. Nissan Canada