Constituent eBay (EBAY) completed its spinoff of PayPal Holdings Inc. (PYPLV) and after the close on Friday PayPal replaced Noble Corporation plc (NE) in the S&P 500.
Refer to the input text as context and select the correct relationship between 'PayPal' and 'eBay' from the available options.
Options: owned by, parent organization, stock exchange, subsidiary