It is still known there as Hindustan Unilever, a reference to the decades its local subsidiary spent as an essentially independent company before its fuller integration into the global firm in recent years.
The 2007 Vodafone deal was structured as a transaction between the firm's Dutch subsidiary and a Cayman Islands-based company that held Hutchison Whampoa's India assets.
Stephen Orenberg, chief sales officer, has been at Kaspersky in Massachusetts since the company set up shop as a subsidiary seven years ago with just two other guys running the back office and marketing with Moscow money.
In an inversion, a U.S. corporation with operations abroad designates its U.S. office as a subsidiary of the corporation--effectively allowing the company to significantly reduce the amount of tax that it owes.
Following the end of apartheid, the company transferred 11.76% of its ownership to Shanduka Resources, a a subsidiary of Shanduka Group, founded by Cyril Ramaphosa in 2001 as a black-owned investment holding company, to adhere to Black Economic Empowerment standards.
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The residential mortgage business is so profitable, in fact, that GMAC wants to protect it by spinning it off as a separate subsidiary, in the hope that it will be assigned a higher credit rating than the rest of the company.
Russian and British executives in this bad marriage have been in turmoil since 2011, with AAR accusing BP of treating TNK-BP merely as a Russian subsidiary to boost its reserves, and not letting the company expand abroad in areas where it might itself compete with BP.
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Its taxmen refused to allow as an expense all the interest paid by the German subsidiary of a Dutch company, Lankhorst-Hohorst, to its parent.
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Mr Kleinfeld got the top job because of his reputation as a tough cost-cutter who pulled the company's American subsidiary out of the red.
It points to the recent list of allegations of wrongdoing at the News Corp's UK subsidiary the News of the World, which the company closed as a result.
Then Palm Inc. created PalmSource as a subsidiary, focused on the Palm OS, before spinning it off as a public company.
Schering Corporation was established in the late 1800s as the U.S. subsidiary of Schering AG, a German-based pharmaceutical and chemical company.
In 1997, Shrake set up a subsidiary in Nevada called Pacific Rim Exploration, Inc. as a U.S.-based company to act as the exploration arm of Pacific Rim.
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