Can an entity be an associate and a subsidiary at the same time?

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May 7, 2019 at 3:46 pm #515248
paviii
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Can an entity be an associate and a subsidiary at the same time?
May 21, 2019 at 8:59 pm #516782
P2-D2
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Hi,

Technically it could as one company could own 70% and control it and another own 30% and have influence.

It isn’t something you’re likely to see in the exam/syllabus.

Thanks
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