Sedgwick has confirmed that hackers hit a file transfer system at its subsidiary Sedgwick Government Solutions.

Claims and risk services administration company Sedgwick Claims Management Services Inc. has confirmed that a cyberattack ...

When a corporation, called the parent corporation, buys all or the majority of shares in another company, the company becomes a subsidiary of the parent corporation. A parent corporation can also ...

Purchasing a subsidiary is one of the ways your company can expand into a new market. Instead of starting a new venture from scratch to capitalize on an opportunity, you can take advantage of the ...

When someone says that a subsidiary is “wholly owned”, I believe that the common understanding is that the parent company owns all of the issued and outstanding equity of the subsidiary. What if the ...

Claims administration and risk management company Sedgwick has confirmed that its federal contractor subsidiary, Sedgwick ...

You are responsible for risk management at the headquarters of a Fortune 1000 company. You and your team have done an outstanding job designing controls and implementing them across the company to ...

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The companies will have to compete with Cruise, a self-driving startup subsidiary of GM, as well as Tesla, which plans to rollout its Cybercab sometime next year. The latest valuation of Waymo puts it ...

Bottom Line: When firms want to shed a subsidiary, they must decide whether to spin off or sell the business. New research shows that selling, rather than spinning, may be the more profitable option.

Consolidated financial statements combine parent and subsidiary finances for clearer insight. Investors can evaluate influence and returns by checking ownership percentages on balance sheets. Many ...

Nike ( NKE) confirmed on Wednesday that it sold digital products subsidiary RTFKT in December, with the blockchain ...