Announced
Financials
Tags
Domestic
Friendly
food delivery platform
E-commerce
Acquisition
Saudi Arabia
Private
online food ordering
Majority
Single Bidder
Pending
Synopsis
Jahez, a Saudi food delivery firm, agreed to acquire The Chefz, a gourmet food and sweets delivery platform, for $200m. Jahez is the biggest locally owned food delivery group in Saudi Arabia. The firm made its trading debut in January after pricing its initial public offering at the top end of a planned range.
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