Lippo, through its investment unit, Golden Concord Asia, has raised its stake in Overseas Union Enterprise (OUE) in a deal worth S$957 million. The acquired stake was previously held by a Malaysian conglomerate with interests in telecommunications, media, power and gaming. Upon the completion of the transaction, Lippo will hold a 88.5 per cent stake in OUE. OUE is a property and hospitality player in...