After splurging on EA, Saudi Arabia’s Public Investment Fund is reportedly tightening its pursestrings, due to ‘financial distress’ caused by numerous troubled projects
via pcgamer.com
Short excerpt below. Read at the original source.
Over the last few years Saudi Arabia’s Public Investment Fund has become a significant presence in the games industry. It’s the owner of Monopoly Go creators Savvy Games Group, has stakes in Nintendo, Embracer Group, Capcom, and Take-Two, among many others,and most recently was involved in the $55 billion joint acquisition of Electronic Arts. But […]