The phrase "major subsidiaries" is correct and commonly used in written English.
You can use it when referring to companies that are owned or controlled by a larger parent company. For example: "The company's major subsidiaries include ABC Industries and XYZ Corporation."
The corporation is still scientifically-oriented, and has 43 major subsidiaries.
The lender's major subsidiaries are all incorporated entities, with their own capital bases and balance sheets.
Prosecutors said they uncovered incriminating evidence during a raid in March of the offices of Hyundai and several major subsidiaries.
Mr. Lee also faced allegations that he had helped his son, Lee Jae-yong, buy shares of major subsidiaries at unfairly low prices.
The same problem could recur because most of the largest American and British banks have major subsidiaries in each other's countries.
Later in 2002, the group's three major subsidiaries declared themselves bankrupt, one after another, in what was the largest corporate collapse in Germany since World War II.
Clearly, if one major subsidiary can succumb to pressure and shift its practices, so can another.
For most of its corporate life, FedEx was called Federal Express, and its major subsidiary is named FedEx Express.
A company like Longyuan, a major subsidiary of China Guodian Corp., is expected to hold its appeal, analysts said.
The Delhi Gas Pipeline Corporation, a major subsidiary of the Texas Oil and Gas Corporation, was found guilty today of breaching a gas purchasing contract with Texas Crude Inc. of Houston.
Because of these legal restrictions, buyers of Renren stock may be startled to know that Renren does not even own its major subsidiary, the operator of its social networking site.
