Dubai International circles Travelodge

Dubai International Capital, a United Arab Emirates-based private equity firm, has confirmed it is among several bidders for UK budget-hotel group Travelodge.

Dubai International is understood to be competing with rival UK buyout firms Cinven and BC Partners for Travelodge, which is being sold by private equity company Permira.

WSJ Logo
JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions