Apple does not have a parent company. It is a parent company, which is a large company that owns smaller companies.
Parent. When a company owns all or a majority of the company it is referred to as the parent.
PSA Peugeot Citroen is a French multinational company that is located in Paris, France. This is the parent company that owns the Peugeot automobile company.
Nestle does not have a parent company. Nestle is the parent company of brands like L'Oreal, Gerber and Purina.
McNeil
PACCAR owns it. PACCAR is the parent company of Peterbilt and Kenworth trucks.
Procter and Gamble is the parent company of the brand Tide.
Brinker international is the parent company, they a publicly traded.
A corporation is owned by its shareholders. A number of people (shareholders) can invest their money into a corporation and own shares in that company. In a parent company, a company such as the one above starts up another corporation (subsidiary corporation), and the original (parent) company itself owns the shares of the subsidiary. The individual shareholders of the parent own the subsidiary, but indirectly. They are not, themselves, shareholders in the subsidiay -- the parent owns the shares. One of the reasons for this is to "limit" the liability of shareholders. If the parent owns several subsidiares, and one of them gets into financial difficulty, it can be closed down (or sold) without upsetting the operations of the other subsidiaries. Selling one operation as a subsidiary is also easier because it is financially "self-contained." Similarly, if a person or a group of people owns several corporations, they can form a "holding" company, and transfer their shares of each companyinto it, rather than holding them personally. The individuals then become shareholders in the holding (parent) company, and the parent company owns the shares in each of the original companies, which then are subsidiaries of the parent. Indiviuals own shares in parent.> Parent owns shares in each subsidiary.
Ingram Content Group, an Ingram Industries company, owns MyiLibrary.
A company that owns another is a Parent Company, while the one that is owned by another is a Subsidiary. The Subsidiary may be fully owned or partly owned. To qualify as a Subsidiary, the Parent must hold at least 25% of the shares of the Subsidiary.
Vodafone does not have a parent company. However, it actually owns 45% of Verizon Wireless, the largest mobile telecommunications company in the United States measured by subscribers.