Saudi Arabian food delivery service Jahez agrees to acquire local rival The Chefz for ~$173M in a cash and stock deal (Shaji Mathew/Bloomberg)

Shaji Mathew / Bloomberg:Saudi Arabian food delivery service Jahez agrees to acquire local rival The Chefz for ~$173M in a cash and stock deal  —  Saudi food delivery firm Jahez agreed to acquire The Chefz in a cash and stock deal, almost a year after Delivery Hero SE's attempt to buy the firm was thwarted by the local competition watchdog.

Saudi Arabian food delivery service Jahez agrees to acquire local rival The Chefz for ~$173M in a cash and stock deal (Shaji Mathew/Bloomberg)

Shaji Mathew / Bloomberg:
Saudi Arabian food delivery service Jahez agrees to acquire local rival The Chefz for ~$173M in a cash and stock deal  —  Saudi food delivery firm Jahez agreed to acquire The Chefz in a cash and stock deal, almost a year after Delivery Hero SE's attempt to buy the firm was thwarted by the local competition watchdog.