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Phrases with «investment subsidiary»

An investment subsidiary refers to a separate company that is owned by another company and exists to make investments on behalf of the parent company. It allows the parent company to diversify its investments and manage them more effectively. Full definition

Sentences with «investment subsidiary»

  • Nipco's investment subsidiary bought 60 % of Mobil Oil Nigeria shares from Exxon Mobil Corporation in October, when the latter pulled out of downstream fuel distribution in Nigeria. (nigeriapoliticsonline.com)
  • Lythcott rescued the theater by forming a 50/50 partnership with Baltoro Capital Management, an opportunistic investment subsidiary of the John Hancock Insurance Company, which bought the property in 2012 for $ 10.36 million. (therealdeal.com)
  • The company's Sentinel Investments subsidiary is located in Boston, Massachusetts. (goodfinancialcents.com)
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