Tech
Saudi Arabia's PIF-backed Savvy Gaming Group acquires an 8.1% stake in Sweden's Embracer for ~$1.05B, following similar deals with Modern Times and Nintendo (Anton Wilen/Bloomberg)
Anton Wilen / Bloomberg:
Saudi Arabia’s PIF-backed Savvy Gaming Group acquires an 8.1% stake in Sweden’s Embracer for ~$1.05B, following similar deals with Modern Times and Nintendo — Saudi Arabia’s wealth fund has made its second $1 billion foray into the Swedish gaming industry this year as part of a drive …
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