—
Saudia Arabia’s Public Investment Fund Purchases a $1 Billion Stake in Embracer Group
Published at 2022-06-09 03:06 by PushSquare News
Saudi Arabia’s Public Investment Fund (or PIF) has made a series of high-profile investments in recent times, and they just made another, dropping a ludicrous $1.05 billion to purchase an 8.1% stake in the Swedish video game and media holding company, Embracer Group.
This stake makes the PIF’s Savvy Gaming Group the second-largest…
. . .
Read the full article here. This article was originally posted in PushSquare.
