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example of a conglomerate Bnb XRP aave Bonk coinbase futures litecoin futures cardano futures

What is an example of a conglomerate?

Stock purchases are the most common. Examples of conglomerates are Berkshire Hathaway, Amazon, Alphabet, Meta (formerly Facebook), Procter & Gamble, Unilever, Diageo, Johnson & Johnson, and Warner Media. All of these companies own many subsidiaries.

What is a conglomerate in business?

What is a Conglomerate? A conglomerate is one very large corporation or company, composed of several combined companies, that is formed by either takeovers or mergers. In most cases, a conglomerate supplies a variety of goods and services that are not necessarily related to one another.

How do conglomerates work?

Conglomerates are large parent companies made up of smaller independent entities that may operate across multiple industries. Each of a conglomerate’s subsidiary businesses runs independently of the other business divisions, but the subsidiaries’ managers report to the senior management of the parent company.

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