Page 119 - AAE PR REPORT - July 2024
P. 119

7/31/24, 9:49 AM         World News | UAE: Al Ansari Signs Agreement to Acquire BFC Group Holdings WLL for USD 200 Million | LatestLY
        transaction  is  designed  to  deliver  sustainable  value  and  optimal  returns  for  our

        shareholders."


        Ebrahim  Nonoo,  Managing  Director  and  CEO  of  BFCGH,  said,  "This  strategic  move

        highlights  the  value  and  potential  of  our  organisation  and  opens  new  opportunities  for

        growth and innovation. Our team has worked tirelessly to build a strong foundation, and we

        are  confident  that Al Ansari  Financial  Services  PJSC  will  continue  to  drive  our  mission

        forward,  ensuring  the  best  possible  outcomes  for  our  clients  and  stakeholders.  We  look

        forward  to  seeing  the  remarkable  achievements  that  will  undoubtedly  result  from  this

        acquisition." (ANI/WAM)


        (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff

        may not have modified or edited the content body)


























































      https://www.latestly.com/agency-news/world-news-uae-al-ansari-signs-agreement-to-acquire-bfc-group-holdings-wll-for-usd-200-million-6150774.html  3/3
   114   115   116   117   118   119   120   121   122   123   124