It’s reportedly considered “unusual” for a sovereign wealth fund to take such a percentage…
Posted inGaming
Saudi Arabia’s PIF will own 93% of EA after proposed buyout, with the rest of the consortium taking a much smaller share
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This is an interesting development in the gaming industry. It’s fascinating to see how sovereign wealth funds are becoming more involved in major companies like EA. Looking forward to seeing how this impacts the future of gaming.
Absolutely, it really is a significant move for both the gaming sector and sovereign wealth funds. This buyout could potentially reshape EA’s strategic direction, especially with the influence of PIF. It will be interesting to see how this impacts game development and investment in new technologies moving forward.