Sentence examples for diverse subsidiary from inspiring English sources

In 1986 Allied-Signal spun off about 35 of its diverse subsidiary operations into a new and separate company so that the parent corporation, renamed AlliedSignal in 1993, could concentrate on its growing aerospace electronics and automotive operations.

It also sold 50 percent of Union Texas (and its remaining interest in 1992), and in 1986 it completed the divestiture of 35 of its diverse subsidiary operations, permitting it to concentrate on its growing aerospace, electronics, and automotive operations.

Took control of Loews Theaters 1959; diverse portfolio of subsidiaries: CNA Financial (insurance), Boardwalk (oil pipelines), Diamond Offshore (oil drilling), Bulova (watches) and Lorillard (tobacco).

Although drugs are still the biggest business for Johnson & Johnson, its diverse collection of device subsidiaries had roughly $20 billion in sales last year.

At its peak, Metallgesellschaft was a $15 billion empire, with 258 subsidiaries in businesses as diverse as copper, zinc and explosives.

For example, the Rhaetian Dachstein reefs from Austria were colonized by a diverse fauna of colonial corals and calcareous sponges, with subsidiary calcareous algae, echinoids, foraminiferans, and other colonial invertebrates.

An important principle underpinning the CAP is that of subsidiarity, meaning that different institutional levels play diverse and complementary roles, and the central authority should have a subsidiary function, performing only those tasks which cannot be performed effectively at a more immediate or local level (typically the national and the regional levels).

Through its subsidiaries and more than 35 constituent brands, Grupo Edson Queiroz is a diverse conglomerate operating in liquid petroleum gas distribution, mineral water and beverages, mining and real estate, farming and agro-industry, media communications, and education.

As the Treasury/Fed statement concedes: "AIG operates in over 130 countries with over 400 regulators and the company and its regulated and unregulated subsidiaries are subject to very different resolution frameworks across their broad and diverse operations without an overarching resolution mechanism".

After Enron failed, that trading shifted to more diverse trading networks, including TradeSpark, which is jointly owned by Cantor, eSpeed and five large energy companies including a subsidiary of the Williams Companies.

Still, Chet DeStefano, senior vice president at First Union Mortgage Corporation, based in Morristown, a subsidiary of First Union Bank, said his company started offering 40-year mortgages in January in response to the diverse needs of borrowers and the rising rate environment.