In today’s complex world of business, factors such as competition and globalization, the instability of the market environment, the decline of corporate governance, the natural growth of corporations and their efforts to gain greater market share, as well as the potential to enter new business and profit. It has made the merging and grouping of firms into parent companies (holding) not only common in developed countries but also in developing countries. With the unmatched patience and endless efforts of managers and employees.