The 14 daughter companies in their majority were either acquired or specially established.
From
Wikipedia
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The regulatory regimes that apply to daughter companies and integrated providers are quite different.
From theCambridge English Corpus
Combined with the more liberal supervisory regime, this explains the growing popularity of daughter companies at the expense of integrated ones.
From theCambridge English Corpus
Integrated insurers are restricted to the exclusive provision of health coverage by law, while daughter companies may offer all kinds of insurance coverage besides health insurance.
From theCambridge English Corpus
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