Mubasher: GFH Financial Group has signed an educational agreement worth nearly $150 million with Inspired, a leading British global group of premium schools operating in Europe, Africa, Latin America, and Australia.
Following this agreement, Inspired will acquire part of GFH’s educational portfolio in the GCC, which has been built over the past four years, according to a bourse statement issued on Tuesday.
This agreement is forecast to have a positive impact on GFH’s financial results of up to $50 million for fiscal years 2017 and 2018.
