Dubai – Mubasher: SHUAA Capital on Monday said that it has contacted shareholders of Global Investment House for a potential acquisition of a stake.
These offers are subject to due diligence and agreement of commercial terms between parties, SHUAA Capital added to the Dubai Financial Market (DFM).
The company noted that it will update the DFM and the regulators with any progress on this matter.
SHUAA Capital is currently seeking expansion across the GCC region.