With Electronic Arts now almost fully owned by Saudi Arabia's Public Investment Fund, a Bloomberg report says the wealth fund is now giving thought to merging it with the PIF's other gaming crown jewel, Savvy Games Group.
No decisions have been made at this point, according to the report, which also says that any potential merger would likely wait until the completion of the PIF's acquisition of Chinese mobile gaming company Moonton for $6 billion, a deal that was announced in March. The proposed merger would also have to overcome various regulatory hurdles.
From the perspective of the PIF, and by extension Saudi Arabia—the fund's chairman is Mohammed bin Salman, the de facto ruler of the nation—a merger would seem to make sense. Savv...
English (US)