• @Radicalized
    link
    1111 months ago

    Presumably it’s only for their US holdings.

    • @TIEPilot@lemmy.world
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      fedilink
      1311 months ago

      I would like to know that 100%. The mother corporation can push their debt onto subsidiaries like the US holdings.

      I have seen this happen a few times when the company I work for get bought out/taken over. These were multinationals, but no bankruptcies happened. We just had to suck it up and pay it down…