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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A multinational conglomerate is a company that owns other companies or businesses in at least one country other than the one where it’s headquartered.www.investopedia.com/terms/c/conglomerate.aspConglomerates are often large and multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, spin-offs, or joint ventures.en.wikipedia.org/wiki/Conglomerate_(company)A Conglomerate is a number of different businesses that form one corporate group. A large parent company, with subsidiaries in several different sectors, is a conglomerate. In the vast majority of cases, conglomerates are huge multinational corporations.marketbusinessnews.com/financial-glossary/conglo…Often, a conglomerate is a multi-industry company and is often large and multinational. Conglomeration started to become common in the 1950s because it was and still is a convenient way for parent companies to operate several related or complementary firms in conjunction with each other.www.investopedia.com/terms/c/conglomeration.asp
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