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Alphabet completes restructuring with new firm

The latest entity, called XXVI Holdings Inc, will own the equity of each Alphabet company, including Google

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Google's parent company Alphabet's new structure allows its new businesses, technically called "Other Bets", to become its subsidiaries on the same legal footing as Google.

San Francisco

ALPHABET Inc is forming a new holding company designed to finalise its evolution from Google, the Web search giant, into a corporate parent with distinct arms that protects individual businesses in far-flung fields such as healthcare and self-driving cars.

The new

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