GFH Financial Group (GFH) has announced that discussions regarding the acquisition of Ithmaar Finance and Investment Company are ongoing. The two parties are currently working towards an agreement, with the structure of the company being finalized. However, these discussions are contingent upon due diligence and regulatory approvals for both parties.
The potential acquisition is expected to have a positive impact on GFH’s financial statements and boost the group’s returns. Both parties are committed to reaching a mutually beneficial agreement that will contribute to the growth and success of the company.
More information about this exciting opportunity for GFH Financial Group will be shared in the coming weeks as developments unfold. Updates on the progress of these discussions will be provided to shareholders. Stay tuned for further updates on this important news.