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Cross Holding
(redirected from Cross Holdings)

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Cross Holding
The situation in which one publicly-traded company owns stock in another publicly-traded company. This situation can lead to double-counting of securities, especially when the two corporations are listed on the same index. Thus, one needs to account for cross holdings when aggregating the capitalizations of firms. If two firms cross hold each other, it is difficult to displace the management in one without the consent of the other corporation.

cross holding
The holding of securities in one another by two or more corporations. For example, firm A owns equity in firm B at the same time that firm B holds equity in firm A.


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Peter Galbraith from Kendall Cross Holdings, contractors of the site, said: "This is a great boost for the area and will provide sustainable, efficient homes for locals.
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Housebuilder Galliford Try has bought Newcastle-upon-Tyne-based affordable housing contractor Kendall Cross Holdings for pounds 9.
 
 
 
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