Conglomerates – the Kangaroo strategyNew
The holding company structure has for years been an immensely attractive option as a control strategy in building a Business Group with varied businesses under its belt. A pure holding company’s legal character was not a problem until regulation decided otherwise. While this probably forces a Hobson’s choice on such a holding company structure, the alternative of an using an operating company as a holding company, long an established reality in India, will see ‘renewed’ growth.
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