Saudi government-funded Savvy Games Group was the previously unnamed partner in a $2B mega-deal with Embracer Group that collapsed last spring, Axios’ Stephen Totilo reports, citing four sources familiar with the deal. Savvy has been one of the most voracious acquirers of gaming companies over the last few years, the author notes. The deal that fell through would have involved Savvy investing in the development and publishing of Embracer games, the author says.
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