Saudi Arabia's PIF reportedly considering to combine EA with Savvy Games Group

Saudi Arabia's PIF reportedly considering to combine EA with Savvy Games Group Reports suggest a merger would "ensure better coordination between its assets" Saudi Arabia's Public Investment Fund (PIF) is reportedly planning to combine Electronic Arts with its subsidiary, Savvy Games Group. Sources told Bloomberg that the PIF is considering the merger to "ensure better coordination between its assets." Savvy Games' current portfolio includes Scopely, ESL Gaming, FaceIt, and a $1 billion stake in Embracer Group. Savvy is currently acquiring the Chinese mobile games company Moonton for $6 billion, a deal announced in March. Ward served as CEO of Savvy Games since its establishment in 2021 and oversaw a $37.8 billion investment to expand Saudi Arabia's presence in the global games industry.