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Rent-seeking is a problem
Indirect NCI
Non-controlling interests (NCI) held by an entity indirectly through its control over intermediaries, reflecting a minority stake in the subsidiaries of the group.
Pre-acquisition Equity
Equity interest in a company that exists before a new acquisition or investment is made.
Sub-subsidiaries
Entities that are controlled by a subsidiary of a parent company, thus being one level below subsidiaries in the ownership hierarchy.
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