RIYADH: Saudi General Authority for Competition approved today the acquisition of Saudi’s fast-food chain Kudu Food and Catering Co. by Tahalof Al Tamm Investment Co., according to the authority’s Twitter account. 

The authority had approved 101 acquisitions since the beginning of 2021, which is the highest number of approved acquisitions within one year the authority achieved since its establishment, Argaam reported, citing GAC’s spokesman, Saad Al Masoud.