GFH, Al Futtaim complete The Entertainer’s acquisition

Dubai - Mubasher: GFH Financial Group has partnered with Al Futtaim Group and Al Zarooni to acquire stakes in The Entertainer

GFH Capital, owned by GFH Financial Group, has signed an investment agreement with Al Futtaim Group and Al Zarooni Emirates Investments to accelerate the app's next phase of growth, the company said in a statement on Saturday.

The aim is to double the business size of the lifestyle app over the next three years.

GFH acquired 85% of the application back in May.

Mubasher Contribution Time: 28-Jul-2018 20:53 (GMT)
Mubasher Last Update Time: 28-Jul-2018 20:53 (GMT)