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In 1891, Lyonnaise created its first subsidiary to build and operate a sewer system in Marseilles.
In 1964, Springer launched its first subsidiary outside the German-speaking countries in New York City.
After the company sold its Parcel Direct unit to FedEx for $120 million, Richard assumed it was the first subsidiary to go.
Scitex, an Israeli company in the 1980s in the pre-press graphics, set up its first subsidiary in Japan, where the big competitors were, in order to be strong.
This is enough: A company sells its foreign intellectual rights to an Irish subsidiary (company) that is separate from the firm (which the first subsidiary will own) that will actually drive revenue for it abroad.
Similar(55)
Internationalized firms are defined as follows: First, subsidiaries that are part of a company with headquarters abroad; second, firms that are predominantly foreign-owned; and third, firms that are primarily exporting their goods and services to firms located abroad.
Third, subsidiary trades spring up to supply specialised inputs.
ICE Futures US, a third subsidiary formerly called the New York Board of Trade, has long been monitored by the Commodity Futures Trading Commission.
Under the agreement reached yesterday, A.I.G. will add a second subsidiary in New Jersey.
There is a sale of "intangible assets" totalling £11.5m involving a subsidiary of the club, City Football Marketing, and another such sale totalling £10.87m involving a third subsidiary, City Football Services.
Starbucks U.K. paid another Starbucks subsidiary in The Netherlands royalties for the right to the company brand, and paid a third subsidiary in Switzerland for buying coffee.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com