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Dear admin I’m little confused about 2 structures please make it clear to me.
(1)
-P’s 80% investment in S.
-P’s 40% investment in SS.
-S’s 30% investment in SS.
Is SS going to be consolidated by P? or is it an Associate of P? as P can control S and S’s significant influence+ P’s significant influence can result in control in SS.(2)
-P’s 40% investment in S.
-P’s 40% investment in SS.
-S’s 40% investment in SS.
No effective rate as there is no subsidiary of P but can’t P enforce its influence as a control in SS through its+S’s significant influence?
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