Let us suppose that Company A is public and Company B owns some shares in A (but less than 30%, if that makes any difference).
Now Company B goes public. Can Company A subscribe to the IPO of Company B?
Let us suppose that Company A is public and Company B owns some shares in A (but less than 30%, if that makes any difference).
Now Company B goes public. Can Company A subscribe to the IPO of Company B?
No it can’t
Why not?