3 ms·
I don't understand anything in company ownership but can Company A own Company B which in turn owns Company A? Or to make it several degrees of separation, A o
by maratc 5y ago
I don't understand anything in company ownership but can Company A own Company B which in turn owns Company A?
Or to make it several degrees of separation, A owns B which owns C which owns D which owns A?
- harperlee 5y agoYes, it can happen. Above certain thresholds of ownership you need to declare that, and financials get adjusted to reflect consolidated figures, and it ends up working out.
- csomar 5y agoIt could be done, and I wonder if someone in the UK (since they are loose) did it. First, you need to start with an actual person. Say "csomar" register and owns Company A. Then Company A registers and owns Company B. Now Company B goes on to buy Company A. This will require some accounting fraud since Company A value is always superior to Company B.