Can two companies own 100% of each other?
Jan Meriss Alfonso Assistant at Ascent Law LLC Can two companies own 100% of each other? Yes, two companies can own 100% of each other. The best example of this is Berkshire Hathaway (BRK), which is headed by Warren Buffet, and General Reinsurance Corporation (GNRC) a wholly owned subsidiary of Berkshire. Possibility of two companies to be 100 percent owned by each other Let's start with what two companies can do: a company might own the majority of its competitor's stock or vice versa. That means that one company owns over 50 percent of the voting shares of the other, but does not necessarily own a majority of the total value of the other's assets. Example The most famous example of this is Google and Alphabet, where Google owns around 80% of Alphabet's outstanding stock, but has only 59% of its market capitalization because it doesn't have nearly as many total shares outstanding as Alphabet does. In Theory It is possible for two companies to be each 100% owned b...