Sedgwick has confirmed that hackers hit a file transfer system at its subsidiary Sedgwick Government Solutions.

When a corporation, called the parent corporation, buys all or the majority of shares in another company, the company becomes a subsidiary of the parent corporation. A parent corporation can also ...

The Benteler Group has announced the acquisition of Ioki. The former subsidiary of Deutsche Bahn is considered a leading ...

Purchasing a subsidiary is one of the ways your company can expand into a new market. Instead of starting a new venture from scratch to capitalize on an opportunity, you can take advantage of the ...

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The move will dilute the Seattle company's ownership in the subsidiary from 70% to less than 50%, according to the filing.

Bottom Line: When firms want to shed a subsidiary, they must decide whether to spin off or sell the business. New research shows that selling, rather than spinning, may be the more profitable option.

Many of the largest corporations in the world are made up of a collection of smaller companies. So it should come as no surprise that setting up a foreign subsidiary company is a popular option when a ...

Consolidated financial statements combine parent and subsidiary finances for clearer insight. Investors can evaluate influence and returns by checking ownership percentages on balance sheets. Many ...

Ubisoft has created a subsidiary company based on its Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six brands, with a €1.16 billion (approx. $1.25 billion) investment from Chinese megacorp ...

Yuma, a subsidiary of Digital Currency Group (DCG) focused on decentralized artificial intelligence (AI), has appointed veteran crypto founders Greg Schvey and Jeff Schvey as its new Chief Operating ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...