investment conglomerate

An investment conglomerate is a large company that owns and manages a diverse group of businesses across various industries, primarily through investments. Instead of running a single business, it acts as a parent organization, overseeing multiple subsidiaries such as manufacturing, finance, technology, or services. This structure allows the conglomerate to spread risk, maximize opportunities, and generate profits from different sectors. Essentially, it functions like a portfolio manager but on a corporate scale, leveraging the strengths of its varied assets to create overall value and stability.