CLI will acquire the remaining 60 per cent stake in SCCP in phases over the next five years, it said.
Till then, SCCP will continue to operate independently, while CLI participates at the board level in investment strategies that require the use of strategic capital.
CLI's 40 per cent initial stake acquisition in SCCP, a Singapore-based real estate investment manager, will increase its funds under management (FUM) by $11 billion to a combined $113 billion.
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Diese Geschichte stammt aus der November 21, 2024-Ausgabe von The Straits Times.
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