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United Industrial Corp raises stake in Marina Centre to 77.34% with $675.3 million deal

Michelle Zhu
Michelle Zhu • 2 min read
United Industrial Corp raises stake in Marina Centre to 77.34% with $675.3 million deal
SINGAPORE (April 13): United Industrial Corporation (UIC), a subsidiary of UOL Group, is acquiring a further 24.27% stake in its 53.07%-owned indirect subsidiary Marina Centre Private Holdings (MCH) for $485.3 million to be paid in cash.
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