How to use holding company in a sentence

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Sentence Examples In effect, the intermediate holding company, under whose umbrella these subsidiaries would operate, would not be governed by a single regulator. The question is whether the holding company can use its shares for its own benefit. I am a director for a holding company of one of New Zealand's larger building companies. It is owned by a holding company, which in turn is part-owned by a company registered in Jersey. It is generally understood to be a diverse group of large industries controlled by a single family usually through a central holding company. As a result of the reorganization, Pegasus Satellite will become a direct subsidiary of the new holding company. This is intended to garner tax from foreign subsidiaries of the holding company domiciled in their respective countries. He stated that back at the Shareholder Agreement stage they contemplated a holding company to hold their shares. In addition, they were banned from holding company directorships for five years. To prepare for the listing, it was created as a holding company for the assets and its domicile moved to Britain. Nevertheless, the process of going from state-run banks to a financial holding company may be at least two to three years off. However, to qualify as a business asset, the shareholding must be in a trading company or a holding company in a trading group. The airlines will create a holding company that will enable each carrier to retain its own brand and employees and most of its route networks. For good measure, O'Brien also won approval for his company's new international Swiss holding company to borrow directly against the revolver. The government intends to divide the Austrian Federal Railways into nine private companies run by a holding company. This holding company provides an excellent platform for them to pursue larger business deals. The headquarters is a holding company in that it serves as a profit centre, and does not otherwise direct activities at the periphery. A while ago, he decided to establish a holding company to control his myriad interests in grand prix racing. A joint holding company will be created to ensure the brands keep trading side by side for at least three years. According to Fortune, about 88 per cent of the operation was bought by the holding company through a Dutch subsidiary. Show More Sentences Florida Banks Inc. is a holding company for a statewide community banking system. An option could be to put the stadium in the hands of a York sporting trust or a holding company in which interested parties have a share. This holding company groups together the entities that are active in the field of public access. As discussed previously, the Branch would be wise to seriously consider incorporating a holding company to own the new facility. Widely held banks and widely held insurance companies will be able to organize within a regulated, widely held, non-operating holding company. This community-owned holding company operates a number of businesses, ranging from trucking to food processing. A significant component of corporate cash flows is made up of dividends received from Power Financial, which is also a holding company. Policyholders' membership rights in the mutual insurance company are converted into membership rights in the mutual holding company. This also helps to explain why we are organised as a holding company, with a series of companies addressing particular market opportunities. The planned financial center infrastructure holding company brings about a change in ownership, and, consequently, management. Power Financial, which is also a holding company, represents a significant component of corporate cash flows. The Pakistani government could not be held entirely responsible for the action of the holding company controlled by AQ Khan. It is a holding company that owns shipping lines operating in international waters and that had its head office in Liberia. The capper came in 1998, when Weill merged Travelers into Citicorp, the nation's largest bank holding company, and became co-CEO of the combined entity with John Reed. In the case of subsidiaries of large corporations, the holding company may require its subsidiaries to obtain its purchases from within the group. Most public companies have a holding company and subsidiaries. The holding company now owns a controlling interest in the bank. If sufficient numbers accept, the two firms will form a joint holding company to ensure the brands keep trading side by side for at least three years. Where the parent of a bank is a financial holding company, the task of consolidated supervision is given to the Member State which authorized the bank. As the former CEO of Apollo Group, a large education holding company, Edelstein is helping Rwanda with its higher education. Show More Sentences The small holding company increasing its headcount from 20 to 22 employees would thus get the same score as a company with 50,000 employees adding another 5,000 people to its payroll. Rakuten, a leading online shopping mall operator, proposed in October integrating business with TBS under a holding company. Advance Properties OOD is an investment holding company founded and controlled by Bulgarian entrepreneurs Kiril Domuschiev and Georgi Domuschiev. Paragon Software Group is an international holding company with branch offices in Germany, Russia, Japan and the USA, and employs more than 200 IT professionals around the globe. The same Maiwolf holding company apparently also owns the debt collection companies which then proceed to harass, bully and threaten businesses to pay up. Fujisawa Europe GmbH, a European holding company, and its subsidiary were merged into Fujisawa GmbH on Jan. A problem can arise when you hold shares in a holding company at death. In some cases, a holding company is introduced at the second level and all the stock companies which belong to this group, are centralised in this holding company. In November 1993 the Commission learned that a group of four new shareholders was ready to help create a new holding company, Klöckner Stahl, by injecting a substantial amount of new capital. The legal restructuring of the group, with the formation of a holding company and one legal entity for each country, also led to high non-recurring costs. As a result, before a bank makes a substantial investment in a holding company, the bank must ensure that all substantial investments held by the holding company meet this requirement. As a holding company, Quebecor conducts substantially all of its business through its subsidiaries, which generate substantially all of its revenues. This means increased dialogue between staff and their management, between the various businesses departments and between the holding company and its subsidiaries. It may even be possible to take this planning one step further by borrowing to pay a larger dividend to the holding company and loaning the funds back to the business corporation on a secured basis to pay off this loan. Rec-Hold, Recticel's reference shareholder, is the holding company set up in July 1998 in the context of the takeover of the stake in Recticel held by Société Générale de Belgique. Indeed, the structure of the Medici Bank resembles nothing so much as the modern holding company. The mutual thrift is converted to a stock company while the newly formed holding company raises capital through a public stock offering. The integration of the business activities under a strategic holding company will be carried out in early 2008 subject to the competition commissions' approval of the transaction. The holding company option will provide financial services providers with greater choice and flexibility with respect to how they structure their operations. Grupo Lakas is a Panamanian holding company with investments in mineral mining, portuary activities, fuels and power generation. Show More Sentences Directors of the CBOE had approved plans to demutualize and complete an initial public offering of CBOE Holdings, Inc, the holding company. The Spanish State owned holding company SEPI in July 2000 decided to merge all the public shipyards, which it already directly or indirectly owned, into one group. The result was British Leyland Motor Corporation, a new holding company which appeared in 1968, but the combination was not a success. Their holding company, Promogroup, has offices in both Holland and the Caribbean. Chelsea are additionally funded by Abramovich via interest free soft loans channelled through his holding company Fordstam Limited. This holding company owned housing corporations, factories, and publishing houses. Cowie said the holding company was used for legitimate business and he was not aware of illicit transactions. News Corp was created in 1979 by Rupert Murdoch as a holding company for News Limited. In 2006 it also became a subsidiary of holding company David MacBrayne Ltd, which is owned by the Scottish Government. In 2003, to separate operational and strategic managements, Bayer AG was reorganized into a holding company. Caroline Reaves, the current chief executive officer of Plano, Texas-based MCS, will also assume the role of CEO of the new holding company. The company has worked for months re-organizing as an Intellectual Property offshore holding company. Basic Element is Mr. Deripaska's holding company. Powell, 43, worked at Coastal once before, serving from 1978 to 1984 as an attorney, legislative representative and ad valorem tax manager for the energy holding company. In the S corporation context, the S corporation is the holding company with the bank subsidiary operating under a qualified subchapter S subsidiary election. The loan payoff made the encumbered status of the Rogers Bancshares stock a non-issue heading into the Chapter 11 auction of Metropolitan's holding company. Horizon Financial Corporation, the bank holding company for Horizon Bank, has announced that Robert A Pingle has joined the bank as chief operating officer. CereBel is a New York based entertainment holding company that creates and publishes online games, historical novelties, and fund raising collectibles. Artesian Resources Corporation operates as the holding company of eight wholly-owned subsidiaries offering water, wastewater and other services on the Delmarva Peninsula. Sienna Capital, also known as the Financial Pillar of GBL, is the alternative investments platform of the publicly traded investment holding company Groupe Bruxelles Lambert. Show More Sentences The Trustee seeks to have all the remaining cash and assets turned over to him for liquidation and distribution to creditors and bondholders of the holding company. Clydesdale Bank was divested from National Australia Bank in early 2016 and its holding company CYBG plc, trades on the London and Sydney stock exchanges. The government takes control of the state corporations under one single ministry, the Ministry of State Enterprises, which acts like the CEO of a holding company. China Wolfberry Holding Company, the world's biggest manufacturer of wolfberry wine, plans to float its shares in Hong Kong in the next 18 months. Prince Alwaleed bin Talal, chairman of Kingdom Holding Company, visited the capital city Baku in Azerbaijan. Dubai Parks and Resorts, a Meraas Holding company, is to set up Sony Pictures Studio and Smurfs Zone at one of its planned theme parks in Dubai. Raya Holding Company decided to exit the Integrated Systems coalition, which has taken part in the government tender with investments worth EGP 2bn through the PPP scheme. Examples from Classical Literature The holding company was a machine whereby capital could control property several times its bulk. The holding company has a sinister perfection in its mode of giving to a minority of capital the control over a majority. Company B got a position on the other bank where they could shoot right into the party which was holding company A in check. These separate plants must be taken over, a holding company incorporated, and the whole financed. Describe the characteristic features of the pool, the trust and the holding company. The main company was the American Tobacco Company, a manufacturing, selling, and holding company. There is also conglomeration in which a holding company is not a bank but a subsidiary in the form of a bank, he remarked. Cathay General Bancorp, the holding company for Cathay Bank, announced the completion of its acquisition of New Asia Bancorp Inc. Global 1 Financial Services will act as the financial unit for the holding company. These Mid-Atlantic Deltas are not-for-profit health care service corporations under the shared management of a single holding company. For United Heritage, forming a mutual holding company was a win-win situation. Last year, the holding company acquired four alcoholic beverage and soft drink makers in Oceania and a Malaysian soft-drink firm. Kelson Holdings is a holding company established for the management and ownership of certain power plants in the United States. Ho had not authorised the transfer of shares in his holding company, Lanceford Co, to his family members that was announced on Monday, said Ho's lawyer, Gordon Oldham. Richard Wagoner, 57, has been elected to its Board of Directors and to the Board of Directors of Aleris Holding Company, Aleris's parent. The Egyptian Natural Gas Holding Company is negotiating to import roughly 700m cubic feet of gas daily from the Cypriot Aphrodite field, owned by US company Noble Energy. Find more words! 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What is the opposite of holding company? What is the plural of holding company? Translations for holding company Use our Sentence Generator Nearby Words Holding holding holdfasts hold fast holdfast holders holdings hold in high esteem hold in high regard hold off hold on hold onto