As the organization has grown, it has acquired numerous subsidiaries in order to increase its size and funding.

American Stores and its subsidiaries would be acquired by Albertsons in 1999.

Instead, around 35 employees decided to set up their own communications group, Citigate, which itself went on to acquire several subsidiaries encompassing advertising and design.

It focused increasingly on private customers via its network of branches and by acquiring specialised subsidiaries.

The subsidiary was ultimately acquired by Russia's state-owned oil company Rosneft for roughly $9.3 billion.

In sequence two subsidiaries were acquired also.

Since 1997, Terra has acquired subsidiaries to perform a larger and larger sprectre of products.

This subsidiary was acquired by the Areva group towards the end of the infringement, in January 2004.

Mr. Lackritz said several securities firms are considering acquiring or opening subsidiaries in Mexico.

Over the years it has also gone on to acquire Morningstar Farms and Kashi divisions or subsidiaries.