Holding company Definition & Meaning – Merriam-Webster

Recent Examples on the Web

One such company, NextEra Energy, is a holding company that oversees Florida Power & Light, a utility company that serves more than 12 million people in the state and aims to achieve real-zero emissions by 2045.

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Max Zahn, ABC News, 17 July 2022

Gates’ other investments are largely managed by his family office and holding company, Cascade Investments, which has stakes a diverse sampling of companies and is worth nearly $36 billion overall.

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Tristan Bove, Fortune, 14 July 2022

As well as its controlling stake in EssilorLuxottica, Mr. Del Vecchio’s holding company, Delfin Sarl, has interests in Italian financial companies Mediobanca SpA, Assicurazioni Generali SpA and UniCredit SpA, as well as in real estate.

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Nick Kostov, WSJ, 27 June 2022

Ant Group becoming a financial holding company, which would pave the way for an IPO, was a factor in Alibaba’s strong performance overnight.

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Brendan Ahern, Forbes, 24 June 2022

IKEA Kreativ is built on machine learning and spatial imaging technologies developed by Geomagical Labs, an AI company acquired by IKEA’s holding company, Ingka Group.

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Samuel Axon, Ars Technica, 23 June 2022

Some of those companies, including Malvin, were owned by a Russian holding company, Citadel, which was controlled by Alisher Usmanov.

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New York Times, 28 Mar. 2022

The luxury goods holding company, which includes Cartier and YOOX Net-a-Porter, has closed stores in Russia and paused all commercial business in the country.

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Brittany Talarico, PEOPLE.com, 7 Mar. 2022

Nor was Alisher Usmanov’s, a Russian oligarch who holds a stake in English Premier League team Everton through a holding company, USM.

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Scott Roxborough, The Hollywood Reporter, 24 Feb. 2022