Amiga
Member
The Public Investment Fund, Saudi Arabia’s sovereign-wealth fund, recently purchased large stakes in videogame companies.
Public Investment is now one of the largest shareholders in each Activision Blizzard (ticker: ATVI), Electronic Arts (EA), and Take-Two Interactive Software (TTWO). The fund bought the shares in the fourth quarter, according to a form it filed with the Securities and Exchange Commission. It hadn’t owned stock of any of the three companies at the end of the third quarter.
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Public Investment is now one of the largest shareholders in each Activision Blizzard (ticker: ATVI), Electronic Arts (EA), and Take-Two Interactive Software (TTWO). The fund bought the shares in the fourth quarter, according to a form it filed with the Securities and Exchange Commission. It hadn’t owned stock of any of the three companies at the end of the third quarter.
Saudi Arabia Invested Billions of Dollars in Videogame Stocks
Saudi Arabia’s sovereign-wealth fund, Public Investment Fund, bought large stakes in Activision, Electronic Arts, and Take-Two in the fourth quarter.