What is the difference between a holding comanay, sister concern, joint vernure, subsidary and similar such interconnected under takings?
2006-11-11 18:53:09 · 2 answers · asked by buddiga 1 in Business & Finance ➔ Corporations
Let's say Company A owns Company B and C.
Company A is the "parent company" to B and C.
Company B and C are "sister companies"
Company B and C are "subsidiaries" of Company A
Company A and Company D both own Company E
Company E is a joint venture.
Company D owns company E, F, G, H & I.
Company D is a holding company if it doesn't do anything substantial other than act as an ownership vehicle.
Company J owns between 20-49% of Company K.
Company K is an "associate" of Company J
2006-11-11 19:47:24 · answer #1 · answered by csanda 6 · 0⤊ 0⤋
Difference Between Subsidiary And Associate
2017-01-14 04:13:13 · answer #2 · answered by ? 4 · 0⤊ 0⤋