Subsidiary

A Subsidiary is a company that is owned or controlled by another company, known as the parent company or holding company. The parent company holds a controlling interest in the subsidiary, typically through ownership of more than 50% of its voting stock, allowing it to influence the subsidiary's management and operations.

IRI: http://lmss.sali.org/Rt2AOEEvMbhpF3f4NlujBU
Branch: Legal Entity

Also known as

Affiliate, Controlled Company, Daughter Company, Subordinate Entity

Examples

Audi AG: A subsidiary of Volkswagen Group, specializing in luxury automobiles.
Instagram, LLC: A subsidiary of Meta Platforms, Inc., focusing on photo and video sharing.
Warner Bros. Entertainment Inc.: A subsidiary of Warner Bros. Discovery, engaged in the film and entertainment industry.
YouTube, LLC: A subsidiary of Alphabet Inc., operating as a video-sharing platform.

Ancestry path

Legal Entity Entity Characteristic Business Entity Characteristics

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