GFH Financial Group eyes expanding its assets to $6 bln

08/05/2017 Argaam

Dubai-listed GFH Financial Group plans to expand its asset portfolio to $ 5-6 billion in 2017 from $3.5 billion, the firm said in a statement on Sunday.

 

The increase is subject to closing a number of acquisitions in the financial services and infrastructure sectors, the statement said.

 

The company is now studying one or two acquisitions worth $100-200 million in the financial sector, in addition to a few in the infrastructure and strategic asset sector valued at $200-300 million, the statement added. 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.