The Saudi Arabian Public Investment Fund (PIF) has offloaded a large stake in Take-Two Interactive to a subsidiary ahead of the launch of Grand Theft Auto 6. The position will be taken over by the PIF ...

The Saudi Arabian Public Investment Fund is moving billions of dollars of stock in game companies to its own Savvy Games Group. Bloomberg reports that around $12 billion in shares are being ...

Saudi Arabia’s Public Investment Fund (PIF) is expected to test elements of its new strategy to sound out investors this week as it seeks billions from the private sector to keep its giga-project ...

One of this year's biggest gaming stories is the $55 billion sale of Electronic Arts to a group of private investors including Saudi Arabia's Public Investment Fund. Subsequently, there have been ...

Silver Lake Partners would hold 5.5% of EA, with Affinity Partners taking the remaining 1.1%. The consortium is funding the takeover with $36.4 billion in equity and $20bn in debt. PIF must contribute ...

It was announced in September that Electronic Arts (EA) is being acquired and taken private in a $55 billion deal by an investor consortium that includes Saudi Arabia's Public Investment Fund (PIF), ...

Saudi Arabia's Public Investment Fund (PIF) is running low on cash for new investments, according to a report from The New York Times. The PIF has several projects that are in financial trouble. This ...

The sovereign fund previously held 11 million shares worth just under $3bn. The restructuring strengthens Savvy’s role as the Kingdom’s primary gaming investment vehicle. PIF also agreed to acquire ...