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Saudi supermarket chain Al Raya put up for sale

BY Reuters |

A controlling stake in Saudi Arabian supermarket chain Al Raya for Foodstuff Co has been put up for sale by its private equity owners Levant Capital and The Rohatyn Group (TRG), sources aware of the matter told Reuters on Wednesday.
Travelex and UAE Exchange to merge and list in Abu Dhabi

BY Stanley Carvalho |

Foreign currency exchange firm Travelex will be merged with money transfer company UAE Exchange and listed in Abu Dhabi by early on in 2017, new owner Bavaguthu Raghuram Shetty said on Thursday.
CVC unit sells 8 pct stake in Indonesia's Matahari for $293 mln

BY S Anuradha |

A unit of private equity firm CVC Capital Partners has raised 3.67 trillion rupiah ($292.94 million) by selling an 8 percent stake in Indonesia's Matahari Department Store Tbk, IFR reported on Monday.
Philippine casino operator Bloomberry to invest in S.Korea

BY Erik dela Cruz |

The Philippines' Bloomberry Resorts Corp said on Tuesday it had signed four agreements to buy a 12.2-hectare plot of land in South Korea, the first overseas venture for the casino operator.
Philippines' Jollibee says keen to buy a $1 billion U.S. fast food firm

BY Erik dela Cruz, Neil Jerome Morales |

Jollibee Foods Corp, the Philippines' largest fast food company, said on Thursday it is keen to buy a U.S.-based fast food firm with a market value of at least $1 billion to advance a goal of boosting revenues from outside its home base.
SG: DLA hires corp partner trio from Gibson Dunn, Jones Day

BY ALB |

DLA Piper has hired John Viverito and Myles Hankin from Gibson Dunn & Crutcher, and Joseph Bauerschmidt from Jones Day, as partners in its corporate group in Singapore. The three had worked together at Jones Day previously.
Qatar boosts Middle East M&A to highest level since early 2008

BY Andrew Torchia |

Mergers and acquisitions with Middle Eastern involvement last quarter hit their highest level since early 2008, boosted by outbound investment by wealthy Gulf funds and companies, according to a Thomson Reuters study.
SG: Gibson Dunn hires corp partner from Shook Lin

BY ALB |

Gibson, Dunn & Crutcher has hired M&A and capital markets specialist Robson Lee as a partner in Singapore from Shook Lin & Bok.
Hogan Lovells nabs Vietnam head from Gide

BY ALB |

Hogan Lovells has hired Samantha Campbell, the head of Gide Loyrette Nouel’s Vietnam practice, as the head of its own Vietnam offices in Hanoi and Ho Chi Minh City.
Freshfields, Linklaters on revamp of Li Ka-shing’s business empire

BY Kanishk Verghese, Reuters |

Freshfields Bruckhaus Deringer, Linklaters and Hong Kong firm Woo Kwan Lee & Lo have scored lead advisory roles on the restructuring of Asia's richest man Li Ka-shing’s business empire.