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Old 21-03-2018, 01:10   #1217
pip08456
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Re: Government & Post Election Discussion

Quote:
Originally Posted by 1andrew1 View Post
They have subsidiaries which apparently do. They are a very secretive billionaire-owned company but it looks like more information will be coming out in the public domain in the next few days.
The requirements on the subsidiaries would have no affect on the parent company so nice try at obfuscation Andrew.

If you want a lesson on parent/umbrella companies you just need to look at the now gone (amalgamated) Grand Metroplitan's history.

https://en.wikipedia.org/wiki/Grand_Metropolitan

Makes interesting reading for those who don't know how companies with subsidiaries operate. The parent/umbrella company may own the subsidiary but each one is run as it's own independent concern. Where the profits eventually end up is a different story.
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