March 25, 2018 / 5:35 AM / 5 months ago

BRIEF-GFH Exits Philadelphia Private School Investment

March 25 (Reuters) - GFH FINANCIAL GROUP:

* UNIT GFH CAPITAL AND ITS STRATEGIC INVESTORS AGREE TO SELL ENTIRE 70 PERCENT STAKE IN DUBAI-BASED PHILADELPHIA PRIVATE SCHOOL

* SCHOOL’S MARKET VALUATION REACHES 133 MILLION DIRHAMS, GFH CAPITAL INDIRECTLY OWNS 9 PERCENT OF SCHOOL WHILE STRATEGIC & OTHER INVESTORS OWN 61 PERCENT

* TRANSACTION WILL BE REFLECTED IN Q2 2018, AND IS EXPECTED TO HAVE POSITIVE IMPACT ON FINANCIAL STATEMENTS Source: (bit.ly/2uekWM2) Further company coverage:

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