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  • 25-05-2023
  • Business
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c) M Ltd owns 90%of N Ltd, 65%of O Ltd, and 85%of P Ltd. N Ltd owns 90%of VV Ltd. P Ltd owns 80% of AX Ltd. All companies are UK resident and all of the issued shares are ordinary shares.
Identify 75% groups within the above structure.(3 Marks)

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