In the holding company, different affiliated firms offer different groups of services but all are owned by one controlling company at the top of the organization.

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A holding company is a type of financial organization that owns a controlling interest in other companies, which are called subsidiaries. The holding company itself does not produce goods or services; instead, its purpose is to own shares of other companies to form a corporate group. Each of these subsidiaries may operate in different industries or offer different services, but they are all controlled by the single holding company at the top.

In the Holding Company, Different Affiliated Firms Offer Different Groups