DEFINITION of 'Wholly Owned Subsidiary'. A company whose common stock is 100% owned by another company, called the parent company. A company can become a wholly owned subsidiary through acquisition by the parent company or spin off from the parent company. In contrast, a regular subsidiary is 51 to 99% owned by the parent company.
Invented in Mexico, Adopted in America. Itâs thought that silhouette shooting began in Mexico around 1914 as a marksmanship contest between Pancho Villaâs men. The sport spread throughout Mexico following the Mexican Revolution, eventually making its way to America in the 1960s.
Production began in Japan in 1996 , and was available for most export markets by 1997 , where it was variously known as the Challenger , Pajero Sport in Europe , Montero Sport in North America , South America and the Philippines , Nativa in parts of Latin America , the Caribbean and the Middle East , Shogun Sport in the United Kingdom , and Strada ...