Affiliated corporation

(redirected from Affiliated Companies)

Affiliated corporation

A corporation that is an affiliate to the parent company.

Affiliated Corporation

A corporation of which another company owns a significant percentage, but not a majority, of its shares. This gives the company a great deal of influence, but not outright control, of the affiliated corporation. See also: Subsidiary, Parent company.
References in periodicals archive ?
Contract notice: Supply of rodless aircraft tugs for Flughafen Wien AG and its affiliated companies
Everest Insurance markets property, casualty, specialty and other lines of admitted and non-admitted direct insurance on behalf of Everest Re Group, Ltd., and its affiliated companies.
The affiliated company shall not own shares or stakes in the holding company, and the holding company shall appoint its representatives on the boards of directors of the affiliated companies in proportion to its holdings or as agreed upon with other shareholders or partners in the affiliated companies.
The Jordanian pavilion in IDEX displays a variety of military products which reflect KADDB's military industrial capabilities, and also exhibits its affiliated companies which offer quantitative production to meet the demands and needs of clients.
This year's contest, attracted at least 146 contestants, from 12 Toyota affiliated companies of 8 countries in Asia Pacific including IMC (16 members) from Pakistan who displayed their skills and talents on the international platform.
HIVIZ Shooting Systems has announced the Rechter family, owners of Rogers Group and its affiliated companies, has assumed ownership of the HIVIZ business.
International Resource News-February 16, 2018--Kirby Corporation completes acquisition of Higman Marine and its affiliated companies
HOTAC is a state-owned company established to take part in the development of the national economy in the fields of tourism, hotels, sound and light and other complementary and related economic activities undertaken by its affiliated companies. HOTAC affiliate companies' revenues hit LE 2.5 billion during 2016/17 compared to the LE 1.8 billion during 2015/16, constituting a 39-percent increase.
UK-based blockchain technologies developer nChain and a group of affiliated companies have been acquired by UK-based private equity fund SICAV plc, an EU regulated investment fund managed by Accuro Fund Solutions, the company said.
Aramco's parent company and then its affiliated companies will be offered in the market, it would give the Saudi market a larger size, this the second benefit for the market.
Sheikh Talal Al-Khaled noted that the KPC also appointed members of the boards of directors in all the KPC affiliated companies for the coming three years, after discussing the relevant criteria and regulations.
7 January 2016 - Korean precision medicine and biotechnology company Macrogen has completed the merger of its affiliated companies in the US, the company said.

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