An initial public offering of stock or a sale is much easier if the entity is a wholly-owned subsidiary.
Hypercube will thus be an indirect wholly-owned subsidiary of Rubik.
Amendment to regulation 67 (income from wholly-owned subsidiaries)
Whitehead Mann take a completely different view and do not see themselves diversifying overseas with wholly-owned subsidiaries.
Kraft Inc. became a wholly-owned subsidiary on Dec. 7, 1988.
Framed is a wholly-owned subsidiary of Y!
They treat us like a wholly-owned subsidiary, and we will not take that!
White says Informix has had a passive (inactive) wholly-owned subsidiary in Japan for some five years.
The Archbishop of Canterbury recently described the economy as "a wholly-owned subsidiary of the environment".
The exemption applies only (a) if the company is a wholly-owned subsidiary or (b) if the parent holds more than 50 per cent.
Wörterbuch für Wirtschaftswissenschaft