June 5, 2017 / 5:42 AM / 3 months ago

BRIEF-GFH Financial, Shuaa Capital postpone talks on acquisition

June 5 (Reuters) - GFH Financial Group

* Issues clarification on news regarding withdrawal from discussion on potential acquisition of Shuaa Capital

* Confirms that withdrawal from talks about Shuaa Capital was due to both parties not reaching agreed acquisition terms and not receiving initial regulatory approval yet

* Both parties agreed to postpone discussions regarding acquisition of Shuaa Capital for time being

* Says GFH’s strategy to acquire financial institutions is still on track and will continue to seek strategic opportunities in future Source text for Eikon: Further company coverage:

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