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Cross holding by several entities in the Entity Hierarchy

in Financial Consolidation and Close 4 comments

Summary:

Require a solution for the below use case scenario:

Z Co being a JV is held by A Co & B Co with 51% and 49 % ownership share. A Co & B Co is held by ultimate parent Co-P co Ltd as a wholly owned subsidiaries. P Co holds 100% of Z Co. How to define this kind of cross holding in the Entity hierarchy and also in the Ownership Hierarchy by ensuring P Co holding all its 3 subsidiary entities.

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