Entertainment
$2 Billion Embracer Group Deal Was Reportedly With Saudi Arabia
Just over a year following the unexpected collapse of a multi-billion-dollar deal by Swedish video game and media giant Embracer Group, it’s been revealed that the company’s previously unknown partner may have been the Saudi Arabia-backed Savvy Gaming Group. In recent years Saudia Arabia has invested billions in gaming, with Savvy Gaming Group recently announcing its interest in acquiring a major game publisher to increase its stake in the industry.
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