Buckette co. owned 60% of shuvelle corp. and 40% of tayle corp., and shuvelle owned 35% of tayle. what is this pattern of ownership called?

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Bruno

Business

15 November, 15:48

Buckette co. owned 60% of shuvelle corp. and 40% of tayle corp., and shuvelle owned 35% of tayle. what is this pattern of ownership called?

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Elise Mcdaniel · Answer 1

Buckette co. owned 60% of shuvelle corp. and 40% of tayle corp., and shuvelle owned 35% of tayle.

This pattern of ownership is called a connecting Affiliation. This a type of mutual owner ship, like many people have their family business and have shares in the business. If a company of someone, who has his son and grandson and they are also have shares in that company or owned by percentage, this is mutual ownership and the pattern is connecting affiliation.