IMO no, controlling interest does not necessarily mean consolidated. USSE is just a majority shareholder, and will have all the input and influence that it carries. Of course, if ACMG is successful and ACMG stock price goes up, so does value of USSE's holdings.
But it's not just a holding, USSE appears to be incorporating ACMG technology into it's biofuel process. Both USSE and ACMG may benefit from this arrangement if USSE/USSP business is successful.
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