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  • Clyde & Co has recruited another partner to its Abu Dhabi office, bringing the number of partners based in the Middle East to 15.
  • The London office of Paul Hastings Janofsky & Walker has hired Michelle English from Kirkland & Ellis. She will be a partner in the private equity practice and will focus on cross-border leveraged buyouts and venture capital investments.
  • Weil Gotshal & Manges advised Olympus Corporation in its recommended offer to acquire Gyrus Group, which was advised by Allen & Overy.
  • ArcelorMittal became the second largest shareholder in General Moly after it acquired a 12.6% equity stake in the American molybdenum mineral development and mining company, with total consideration valued at $70 million.
  • Michael Banks has joined Pillsbury Winthrop Shaw Pittman, after nearly two decades at Milbank Tweed Hadley & McCloy in the global securities group.
  • DKN Financial has acquired Lonsdale Financial and Wrap Account for A$120 million ($106 million).
  • Ukraine has issued $700 million in sovereign bonds, despite political unrest and financial uncertainty.
  • Allens Arthur Robinson's Asian executive partner, Jim Dunstan will relocate from Australia to Hong Kong.
  • Although China is gradually softening its stance on which industries it allows foreign investors to access, the lucrative real estate sector has been stymied by new restrictions
  • Ratings agencies' credibility has plummeted thanks to the credit crunch. But last Thursday, Moody's tried to restore its reputation with a new ratings resource for investors