Collocations for subsidiary - noun

foreign, offshore (esp. AmE), overseas (esp. BrE)
German, Madrid-based, etc.
wholly-owned
a wholly-owned subsidiary of Millennium Graphics

banking, manufacturing, software, etc.
for-profit (AmE)
The Association established two for-profit subsidiaries.

operate as
The company operates as a wholly-owned subsidiary of a large French company.

operate
The company operates two subsidiaries.

have, own
create, establish, form, open
their decision to open a subsidiary in India

acquire
close

company