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Padel (Pty) Ltd owns 80% of Racket Revolution (Pty) Ltd and Racket Revolution (Pty) Ltd owns 25% of the ordinary shares of Court Shoes (Pty)

Padel (Pty) Ltd owns 80% of Racket Revolution (Pty) Ltd and Racket Revolution (Pty) Ltd owns 25% of the ordinary shares of Court Shoes (Pty) Ltd. Discuss the degree of influence (control) that Padel (Pty) Ltd has over the other two companies

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