A conglomerate business consists of a parent company that owns a series of diversified, smaller companies. These businesses are typically large which enables them to diversify across industries and mitigate risk. Oops, something went wrong... Thanks for signing up! Enter your email and we’ll send you some samples of our favorite classes.
What is a multinational conglomerate?
A multinational conglomerate is a company that owns other companies or businesses in at least one country other than its own—the one where it’s headquartered.
What does conglomeration mean?
Conglomeration describes the process by which a conglomerate is created, as when a parent company begins to acquire subsidiaries. Sometimes conglomeration can refer to a time period when many conglomerates are formed simultaneously.
