associated undertaking
as defined in Directive 2013/34/EU of the European Parliament and of the Council of 26 June…, Article 2, point (13) (Definitions)
an undertaking in which another undertaking has a participating interest, and over whose operating and financial policies that other undertaking exercises significant influence. An undertaking is presumed to exercise a significant influence over another undertaking where it has 20 % or more of the shareholders' or members' voting rights in that other undertaking;