Saudi Public Investment Fund Transfers $12 Billion in Gaming Stocks to Savvy Games Group
The Public Investment Fund of Saudi Arabia is relocating a substantial portion of its gaming industry holdings, valued at approximately $12 billion, to its subsidiary, Savvy Games Group. According to a report by Bloomberg, this transfer includes shares in prominent gaming companies such as Koei Tecmo, NCSoft, Nexon, and Square Enix. Upon completion, Savvy Games Group will hold around 10% of the s…
Jan. 16, 2026, 11:49 a.m.