Saudi Arabia Might Be Headed For Its Own Embracer Moment

winfuture.de

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Ownership

As soon as the deal for Electronic Arts has been signed, the Saudi State Fund PIF seems to be running out financially. Reports point to an investment stop. Is the gaming industry now threatening a second Embracer debacle? (Read more)

ActuGaming.net

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Ownership

NewsGaming.net After investing in EA and other publishers, Saudi Arabia's investment fund could be more cautious The story of Embracer Group could have been used as a lesson for many companies. Logre took advantage of the Covid bubble to buy companies in turn, before the industry came back to normal and made these acquisitions too heavy to carry, forcing Embracing to get rid of a large part of its workforce. Former partner of Embracer via Saavy …

Eurogamer.de

Factuality

Ownership

Saudi Arabia's Public Investment Fund (PIF) reportedly has little available capital after investing in projects in financial difficulties. Read more