The company appointed Houlihan Lokey as financial adviser, Squire Patton Boggs as legal adviser.
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GFH did not provide a reason for the withdrawal from the talks that were announced in March this year.
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Here are some factors that may affect Middle East stock markets on Sunday
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The Islamic bond, with a five-year maturity, was priced at par with a 5.112 percent yield on May 26.
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Here are some factors that may affect Middle East stock markets on Thursday.
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Saudi British Bank has appointed Goldman Sachs to advise it on a proposed merger with fellow Saudi Arabian lender Alawwal Bank
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