Dubai Asian asset exits may attract private equity
Dubai government-linked investment funds are shedding some of their Asian assets, with Emaar Properties reportedly hiring Singapore's DBS Bank to sell local sports retailer RSH Holdings, owner of the Royal Sporting House chain, valued at around $164 million.
Dubai Islamic Investment Group, a unit of Dubai Holdings, is also apparently already in discussions with an unnamed foreign buyer for its 30.5% stake in unlisted Bank Islam Malaysia, already targeted by...
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