14740
PPR  cited the successful initial public offering in November of its African automobile and pharmaceutical distribution unit  CFAO  as well as a reduction of 3.7 percent in operating costs .
 subsidiaries: PPR, CFAO
Given options, please tell me the relationships of all the listed entity pairs.Output format is "relation1: word1, word2; relation2: word3, word4". 
Option: cities of residence, top members employees, members, alternate names, origin, state or provinces of residence, title of person, spouse, city of headquarters, NA, founded by, state or province of headquarters, employee of, countries of residence, country of birth, founded, subsidiaries, country of headquarters 
Text: {0} 
 Entity Pairs:  PPR, CFAO 
Answer:
 subsidiaries: PPR, CFAO