This is a new step towards the arrival of Activision Blizzard in the hands of Microsoft. The acquisition, announced earlier this year, seems to be going well with the announcement this Sunday. This comes from a simple tweet from the GAC (General Authority of Competition) of the Kingdom of Saudi Arabia. announce #General_competition_competition Because there ...
Without a doubt, the Activision Blizzard King purchase is one of the hottest topics right now. Not in vain, in recent weeks we have had a lot of news about it, from objections from Sony and corresponding responses from Microsoft, to different types of information about when the purchase could be finalized. For this, the ...
Saudi Arabia’s sovereign wealth fund has made a $1 billion investment in Embracer Group, a Swedish games and media holding company, according to a report by Saudi Arabia Bloomberg. Embracer owns Gearbox (Borderlands), Crystal Dynamics (Tomb Raider), Dark Horse Media (Dark Horse Comics) and the Asmodee Group – the tabletop behemoth recently bought for $3.1 ...
Image: Embracer Group Following a series of video game company acquisitions made by Saudi Arabia’s Public Investment Fund recently, the state-run wealth fund has now spent $1.05 billion to purchase an 8.1% stake in Embracer Group. That stake will make the PIF’s Savvy Gaming Group the second-largest shareholder in Embracer, according to Bloomberg. This follows ...
Bloomberg is reporting today that the Saudi Arabia’s Public Investment Fund (PIF) has bought a 5% stake in Nintendo. Nintendo hasn’t officially acknowledged the purchase by the PIF as it may not be something that the Kyoto-based company is bursting at the seams to announce. The Saudi Arabia Public Investment Fund was set up by ...
picture: Nintendo The Public Investment Fund of Saudi Arabia, a never-ending cash mine tasked with diversifying the country’s economy (and glossing over its human rights record), earned a 5.01% stake in Nintendo. The news was announced in a filing filed with the Japanese Ministry of Finance. Bloomberg reports. It follows similar investments were made in ...
In the ninth race of the F1 2021 video series we are on Saudi Arabia’s high-speed track in Jeddah and are going full throttle. Have fun cheering! Shortly before the finale in F1 2021 we are guests on Saudi Arabia’s high-speed track, the Jeddah Corniche Circuit. False starts, fast corners and a catch-up race that ...
SKY March 26, 2022 at 1:30 p.m In Formula 1, qualifying for the Saudi Arabian Grand Prix is scheduled for March 26th. This is how you see the qualification on TV and as a live stream. Formula 1 is driving in Saudi Arabia this weekend. (Source: “Violin/depositphotos.com“) Qualifying for the Formula 1 Saudi Arabian Grand ...
Saudi Wealth Fund Acquires Minority Stakes in Capcom and Nexon for Over $1 Billion There is currently a lot of movement in the video game industry and after Sony made headlines with the acquisition of Bungie for 3.6 billion US dollars, Microsoft already dropped the bomb and announced the acquisition of Activision Blizzard for around ...
