As you do
Saudi Arabia ’s Public Investment Fund ( or PIF ) hasmade a seriesofhigh - visibility investmentsin late time , and they just made another , discharge a ridiculous $ 1.05 billion to buy an 8.1 % post in the Swedish TV plot and culture medium book troupe , Embracer Group .
# diving event into Embracer
As you do
Saudi Arabia ’s Public Investment Fund ( or PIF ) hasmade a seriesofhigh - visibility investmentsin late time , and they just made another , discharge a idiotic $ 1.05 billion to buy an 8.1 % wager in the Swedish picture secret plan and medium curb troupe , Embracer Group .
This bet make the PIF ’s Savvy Gaming Group the secondly - large stockholder in the Karlstad - base Embracer .
This was the beginner and ceo of embracer group , lars wingefors , release astatementon the acquirement and suppose :
" our human relationship with savvy gaming group will enable us to plant up a regional hub in saudi arabia , from which we will be capable to make investment across the mena part , either organically , via partnership , joint venture , or via acquirement of company direct by secure entrepreneur .
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# dive into lars wingefors
the laminitis and ceo of embracer group , lars wingefors , let go astatementon the attainment and suppose :
" our family relationship with savvy gaming group will enable us to sic up a regional hub in saudi arabia , from which we will be capable to make investment across the mena neighborhood , either organically , via partnership , joint venture , or via acquisition of company lead by unassailable enterpriser .