Saudi Arabia reportedly looking at merging Electronic Arts with Savvy Games Group
Saudi Arabia's Public Investment Fund (PIF) is reportedly considering merging Electronic Arts with its other gaming subsidiary, Savvy Games Group. This potential merger, which would consolidate significant gaming assets under one umbrella, is said to be contingent on the PIF's acquisition of Moonton and would likely face regulatory scrutiny. The move could also lead to cost-saving measures, including layoffs at Electronic Arts, which recently incurred substantial debt from the PIF's acquisition.
PC Gamer
- Entities
- Electronic Arts
- Microsoft
- Joshua Kushner
- Savvy Games
- Mohammed bin Salman
- Gaming Industry
- Layoffs
- ESL FACEIT Group
- Activision Blizzard
- Mergers and Acquisitions
- Scopely
- Moonton Games
- Public Investment Fund
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