Saudi Arabia's PIF reportedly considering to combine EA with Savvy Games Group
Saudi Arabia's Public Investment Fund (PIF) is reportedly considering merging Electronic Arts (EA) with its subsidiary, Savvy Games Group, to improve coordination between its assets. This potential merger is unlikely to proceed until Savvy completes its $6 billion acquisition of Moonton. EA's acquisition by the PIF was finalized last month, with assurances that creative control and player-first values would remain intact.
- Entities
- Company: Electronic Arts
- Person: Turqi Alnowaiser
- Company: Savvy Games
- Company: Nexon America
- Company: Affinity Partners
- Topic: Gaming Industry
- Company: Take-Two Interactive
- Company: Silver Lake
- Company: Activision Blizzard
- Company: FaceIt
- Topic: Mergers and Acquisitions
- Company: Scopely
- Company: Embracer Group
- Company: ESL Gaming
- Company: Moonton Games
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