Hedge Funds & Alternative Investments
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Al Ansari Financial Services to acquire BFC Group for $200mn
As part of its plans to expand its presence across the region, Dubai-based Al Ansari Financial Services has agreed to acquire 100 percent of Bahrain’s BFC Group Holdings (BFCGH), a prominent foreign exchange and remittance company, for a total price of $200 million (AED735 million). The combined entity will have…
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Click here to read the full story: Arabian Business