Saturday, April 17, 2010

CW Investments owns CW Media Holdings: Goldman Sachs owns 2/3 of CW Investments

Why is Canwest listing 100 percent of the assets of a subsidiary of a Goldman Sachs company? Canwest only owns 1/3 of company of the company that owns CW Media Holding.
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1. Nature of Operations CW Media Holdings Inc. (the “Company”) is an indirectly wholly owned subsidiary of CW Investments Co. (“CW Investments”) in which Canwest Media Inc. (“Canwest”) holds a 35% equity interest and 67% voting interest with the remaining interests owned by Goldman Sachs Capital Partners.