Saudi Arabia has acquired a $1 Billion stake in Embracer Group - Video Games Chronicle
6/8/2022 12:00:00 AM2 years 10 months ago
by Jordan Middler
by Jordan Middler
The Saudi Arabia Public Investment has purchased a $1 billion stake in Embracer Group, acquiring 8.1% of the gaming giant’s shares.
Saudi Arabia has purchased a $1 billion stake in Embracer Group, acquiring 8.1% of the company’s shares. Following the deal’s completion, the country’s Public Investment Fund (PIF) through its subsi… [+3411 chars]
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