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
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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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