one of the UAE s leading integrated financial services groups specializing in the money transfer and exchange business - on the DFM. EFG Hermes acted as joint global coordinator on. | April 6, 2023
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division successfully completed advisory on the USD 210.5 million (AED 773 million) initial public offering (IPO) of Al Ansari Financial Services PJSC (AAFS) one of the UAE’s leading integrated financial services groups specializing in the money transfer and excha
DUBAI, 27th March, 2023 (WAM) Al Ansari Financial Services today announced it has set the final offer price for its IPO at AED1.03 per share, at the top of the previously announced price range.
The announcement follows the completion of the book building and subscription process for its Initial Public Offering (IPO) on 24th March 2023. Al Ansari raised, through the initial public offering, AED773 million.
The Global Offering attracted considerable demand from both the Qualified Investor Offering and the UAE Retail Offer with.
Al Ansari Financial Services PJSC, one of the leading integrated financial services groups in the UAE, today announces that following the completion of the..