A non-controlling interest can not be held directly in the ultimate parent company.

Name: A non-controlling interest can not be held directly in the ultimate parent company.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A non-controlling interest refers to the portion of a subsidiary's equity that is not owned by the parent company. It can be held by outside investors or other subsidiary companies. Since it is a subsidiary's equity, it cannot be held directly in the ultimate parent company.

A Non-Controlling Interest Can Not Be Held Directly in the Ultimate