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The conglomerate expanded its operations by acquiring companies in various industries such as technology, healthcare, and consumer goods.
The conglomerate's CEO is known for his aggressive acquisition strategy, which has helped the company become a dominant player in the market.
The conglomerate's stock price soared after announcing plans to divest non-core businesses and focus on its core strengths.
Shareholders expressed concerns about the conglomerate's complex corporate structure and urged management to streamline operations for better efficiency.
Despite its diverse portfolio, the conglomerate struggled to achieve synergy among its subsidiaries.
