Eshraq to acquire Goldilocks.

Eshraq, an ADX-listed investment firm, agreed to acquire Goldilocks, an investment fund. Financial terms are not disclosed. "The proposed transaction is a win-win for both Eshraq and Goldilocks shareholders, particularly in terms of investment portfolio diversification and increased liquidity. Most importantly, the acquisition of a high-performing fund like Goldilocks will enable Eshraq to increase its profitability, improve its share price and positions the company for strong business performance, while creating tangible and long-term sustainable value for Eshraq shareholders. We also expect the transaction to give us access to profitable deal flow at an early stage," The Board of Directors, Eshraq Investments.