1·The shake-up aims to recast IBM as a federation of flexible and competing subsidiaries.
此次改组旨在将IBM重组为一个灵活且相互竞争的子公司联盟。
—— 《柯林斯英汉双解大词典》
2·Loans to Greek companies, made either directly or by their Greek subsidiaries, might also go bad.
对希腊的企业或者企业的子公司的贷款也有可能成为坏账损失。
3·One is productivity. Overseas subsidiaries have profit margins about one-third higher than those of domestic operations, according to the trade ministry.
其一是生产力，根据贸易部的说法，海外子公司的利润率要比本土公司高出三分之一。
4·And already investors view the credit risk of Tata's subsidiaries differently, suggesting they are not convinced it is an integrated whole.
投资人对于塔塔子公司的信用风所险持不同态度折射出他们认为塔塔不是一个完整的整体。
5·You may not have heard of Bertelsmann A.G. but you will have heard of the books published by its many subsidiaries, including Random House, Bantam Books and Doubleday.
你也许没有听说过贝塔斯曼集团，但你肯定听说过它的众多子公司出版的书籍，包括兰登书屋，矮脚鸡出版社和双日出版社。