Page 121 - AAE PR REPORT - July 2024
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7/31/24, 9:50 AM         Middle East News 247 on LinkedIn: Al Ansari Financial Services PJSC Signs Agreement to Acquire BFC Group…
        Middle East News 247’s Post





                Middle East News 247
                1,686 followers
                20h  Edited
        Al Ansari Financial Services PJSC (“AAFS” or the “Company”) (DFM: ALANSARI), a leading integrated financial services
        group in the UAE, is pleased to announce that it has signed a Sales and Purchase Agreement (“SPA”) to purchase 100%
        of BFC Group Holdings W.L.L., (“BFCGH”), a prominent foreign exchange and remittance group incorporated in
        Bahrain for a total acquisition purchase price of USD 200 million (AED 735 million).


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        Al Ansari Financial Services PJSC Signs Agreement to Acquire BFC Group Holdings W.L.L. for USD 200 million -
        Middle East News 247
        https://menews247.com














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