Saudi PIF shifts $12B gaming stakes to Savvy as portfolio gets consolidated
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The Saudi Public Investment Fund (PIF) is consolidating its portfolio by transferring gaming stakes to Savvy Games Group. The amount transferred is reported to be $12 billion by some outlets, but another report suggests that at least $3 billion of this amount is from Take-Two stakes. The total value of the transferred stakes is uncertain, with reports varying in their details.