• <a fr-original-style="" href="https://www.bloomberg.com/news/articles/2021-12-05/delivery-hero-fails-again-to-take-over-a-rival-in-saudi-arabia" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">The Saudi antitrust watchdog</a> blocked a second attempt by Germany’s Delivery Hero to buy The Chefz, a Riyadh-based rival. The Chefz will now look into other options including an IPO or a takeover by another acquirer, the company CEO Abdulrahman Alshabanat said.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Backstage: The Chefz competes against Delivery Hero’s Hungerstation and local firms like Jahez in Saudi Arabia. Delivery Hero’s regional operations also include Talabat in Kuwait and Yemeksepeti in Turkey.</li></ul>

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