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A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. [1] A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to form a corporate group .
CNO Financial Group, Inc. (formerly Conseco, Inc. (from Consolidated National Security Corporation)) is an American financial services holding company based in Carmel, Indiana. [4] Its insurance subsidiaries provide life insurance , annuity and supplemental health insurance products to more than four million customers in the United States .
Resolution Life Group Holdings Ltd, which is registered in Bermuda, is the holding company for several global insurance brands, including AMP Life. [ 9 ] [ 10 ] In 2019, investors in the holding company included JPMorgan Chase , KKR , Nippon Life Insurance Company , Temasek Holdings and a Middle Eastern sovereign wealth fund.
Originally funded by private equity from 3i plc, their stake was bought out in 2005. Today, the Change Group serves approximately 5 million customers annually. The Group concluded over 18 M&A transactions over the last 25 years and won many awards, including the Queen's Award in 2006 for International Trade.
The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 59 times since its inception, on May 26, 1896. [1] As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own usage.
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StoneX executed more than 100 million derivative contracts in 2008 and was a clearing member on all major US future exchanges. The Group served commercial commodity intermediaries, end-users, and producers around the world. As of Sept. 30th, 2009, StoneX Group Inc. operates as a subsidiary of International Assets Holding Corp. [35] [36] [37]
LT Group, Inc. (LTG) is a Philippine publicly listed holding company headquartered in Bonifacio Global City, Taguig. It was founded in 1937 by Chinese Filipino business tycoon Lucio Tan . LT Group, Inc. is majority-owned by Tangent Holdings Corporation, its ultimate parent company (also controlled by Tan).