noun
ADJECTIVE
▪ foreign , offshore ( esp. AmE ), overseas ( esp. BrE )
▪ German , Madrid-based , etc.
▪ wholly-owned
▪
a wholly-owned ~ of Millennium Graphics
▪ banking , manufacturing , software , etc.
▪ for-profit ( AmE )
▪
The Association established two for-profit subsidiaries.
VERB + SUBSIDIARY
▪ operate as
▪
The company operates as a wholly-owned ~ of a large French company.
▪ operate
▪
The company operates two subsidiaries.
▪ have , own
▪ create , establish , form , open
▪
their decision to open a ~ in India
▪ acquire
▪ close
SUBSIDIARY + NOUN
▪ company