Ninja Uses Banks in Saudi for Asset Deal

The Saudi company "Ninja" is working with both international and local investment banks, including Goldman Sachs, Citi, U.S. Bank, and Riyad Capital, in its pursuit to acquire the assets of "Deliveroo" in Saudi Arabia and the UAE. The source confirmed that the company has submitted a preliminary bid to acquire "HungerStation" in Saudi Arabia and has shown interest in parts of "Talabat" in the UAE, amid speculation that this could hinder Uber's plan to acquire "Deliveroo" in its entirety.

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