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GFH Bank Unit to Buy 21% Stake in Seef Properties

MT Newswires·09/15/2026 08:24:56
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08:24 AM EDT, 09/15/2026 (MT Newswires) -- Seef Equity Growth Investment, a company established by GFH Bank's (ADX:GFH, DFM:GFH) GFH Partners Fund Management, signed agreements to purchase a 20.67% stake in Seef Properties. The deals cover the acquisition of 21,486,982 shares from Seef Properties and 73,601,479 Seef shares from Bahrain's Social Insurance Organization, Bahrain-headquartered investment bank GFH Bank said in a Tuesday filing. The transaction is part of GFH Bank's voluntary takeover offer for some of Seef Properties' issued shares. Closing remains subject to approval by Seef shareholders.