Cabot announced that its wholly owned subsidiary, Cabot Australasia Pty. Ltd.
Cabot announced that its wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
Notes:
In other words, the parent company owns the company outright and there are no minority owners. , Cabot Australasia Australasia (ôstrəlā`zhə, –shə), islands of the South Pacific, including Australia, New Zealand, New Guinea, and adjacent islands. The term is sometimes used to include all of Oceania. Pty. Ltd., has ceased manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. at its Altona, Australia, carbon black plant.
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