15 Biggest Holding Companies in the World
In this piece, we will take a look at the 15 biggest holding companies in the world. For more companies, head on over to 5 Biggest Holding Companies in the World.
A holding company is quite common in the business world, especially when it comes to large firms operating in lucrative industries such as finance. They are created due to the fact that holding companies and their subsidiaries are separate entities. So if the subsidiary encounters any problems, or goes bankrupt for instance, the parent will be shielded from the subsequent liability requirements.
In the financial world, there are different kinds of firms that are involved in the business of investing in other companies. Apart from holding companies, hedge funds and mutual…
