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A conglomerate is a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are typically large and multinational corporations that manage diverse business operations across various sectors.
In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders , and can permit the ownership and control of a number of different companies.
The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate. (June 2013) (Learn how and when to remove this message)
American corporate subsidiaries, companies that are owned or controlled by another company based in the United States, which is called the parent company, parent, or holding company. Subcategories This category has the following 44 subcategories, out of 44 total.
All 500 companies on the list had a combined turnover of $7.3 trillion in 2020. Companies that have not published financial statements in the last 24 months are not included in the ranking. [1] In 2020, U.S. retailer Walmart was the largest family business company in the world, with sales of more than $500 billion.
Similar to other industries, many food companies can be termed as conglomerates. The Philip Morris group, which once was the parent company of Altria group, Philip Morris International, and Kraft Foods, had an annual combined turnover of $80 bn. Phillip Morris International and Kraft Foods later spun off into independent companies. Nestlé
This list comprises the largest companies currently in the United States by revenue as of 2024, according to the Fortune 500 tally of companies and Forbes. The Fortune 500 list of companies includes only publicly traded companies, also including tax inversion companies. There are also corporations having foundation in the United States, such as ...
This is a complete list of multinational corporations, also known as multinational companies in worldwide or global enterprises. These are corporate organizations that own or control production of goods or services in two or more countries other than their home countries.