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Straits Trading in $294m ARA deal

Strategic tie-up will let it seed and grow its property and related holdings

[SINGAPORE] Straits Trading Company (STC) is buying into a fund manager linked to Li Ka-shing and is also setting up a co-investment company that will eventually boast a total capital commitment of up to $950 million. Under a two-part strategic alliance, the Singapore blue-chip firm will buy a