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BRIEF-Bahrain's GFH Signs $150 MLN Education Agreement with Inspired
December 5, 2017 / 4:50 AM / 7 days ago

BRIEF-Bahrain's GFH Signs $150 MLN Education Agreement with Inspired

Dec 5 (Reuters) - GFH FINANCIAL GROUP:

* SIGNS AGREEMENT VALUED AT APROXIMATELY $150 MILLION WITH INSPIRED

* AS PER TERMS OF THE AG REEMENT, INSPIRED WILL ACQUIRE PART OF GFH’S EDUCATIONAL PORTFOLIO IN THE GCC

* TRANSACTION IS EXPECTED TO HAVE POSITIVE IMPACT ON GFH’S FINANCIAL RESULTS OF UPTO $50 MILLION FOR YEARS 2017 AND 2018 Source text for Eikon: Further company coverage: )

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