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That is an umbrella of 15+ companies in multiple segments of the market.
by lofaszvanitt 4y ago
That is an umbrella of 15+ companies in multiple segments of the market.
- trap_goes_hot 4y agoYes, that structure is complex by-design. Its to do with inheritance taxes, and the family trying to maintain control via holding companies. https://www.bbc.com/news/world-us-canada-62501514 https://www.bbc.com/news/world-us-canada-62501514 Apple has a somewhat complicated (though common for large US corporations) structure too. https://www.businessinsider.com/apple-subsidiaries-are-named-for-apples-2016-8 https://www.businessinsider.com/apple-subsidiaries-are-named... https://www.wired.com/2016/08/apple-rest-silicon-valley-avoids-tax-man/ https://www.wired.com/2016/08/apple-rest-silicon-valley-avoi...