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A special purpose vehicle is a subsidiary company created by a parent company to undertake specific projects or transactions. SPVs can be used for a variety of reasons, including asset securitization, risk management, or to circumvent regulatory hurdles. The fundamental premise behind SPVs is that they allow the parent company to isolate financial risk, ensuring that any liabilities remain confined to the SPV and do not affect the parent company's balance sheet.


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When it comes to iconic chocolate bars, few can compete with the beloved KitKat. Known for its crispy wafers coated in smooth chocolate, KitKat has transcended mere confectionery status to become a symbol of sharing, enjoyment, and even cultural significance. The brand has developed and diversified its offerings over the years, leading to what can only be described as a sweet fusion of flavors that appeals to taste buds around the world.


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