Public companies can't do that, unless they want to have at least as many tickers.
The 890 million treshold is calculated for the holding, not the subsidiaries
Pretty sure you can create an index fund filled with all your sub 750M subsidiaries, redistribute the money that was gained by selling those and voila. You can even mix and match. Of course this is no cheap thing to materialise given that the law will probably be against such a thing but I’d give it a years time before the first ones raise their head with this approach.
I hope it means that there will be dozens or hundreds of additional CEOs.
Oh wow! You found that ONE TRICK that governments HATE. Somehow thousands of legislators and economists around the world never, ever thought of that and are going to be completely fooled by a company that structures its revenues in this fashion. I am absolutely sure that will work...