Utilize the input text as a context reference, choose the right relationship between Visa Inc and Visa Europe from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Sky News has learnt that the lenders which control Visa Europe are discussing a scenario that would force Visa Inc (Xetra: A0NC7B - news ) to make an offer for the company on different terms to those set out in a long-standing agreement between them.

Answer: subsidiary