UAE: Al Ansari signs agreement to acquire BFC Group Holdings WLL for USD 200 million
Jul 30, 2024
Al Ansari Financial Services (AAFS) has signed a Sales and Purchase Agreement (SPA) to purchase 100 percent 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 (AED735 million).