Saudi Public Investment Fund
PIF-backed Savvy Gaming acquires ESL Gaming in $1.05bn deal
Savvy Gaming Group, a gaming and esports company owned by Saudi Arabia’s Public Investment Fund, has agreed a deal to acquire ESL Gaming from Sweden-based Modern Times Group in an all-cash transaction g…
KKR ‘seeks PIF backing’ for Telecom Italia bid
US-based private equity firm KKR has approached Saudi Arabia’s Public Investment Fund to support its proposed takeover of Telecom Italia (TIM), the dominant telecoms operator in Italy, it has been reported.
PIF puts name to golf’s Saudi International
Saudi Arabia’s Public Investment Fund has been named as the title sponsor of next month’s Saudi International, the first event of the 2022-23 Asian Tour.
PIF-backed company to invest ‘over $200m’ into 10-event Asian Tour series
Saudi Arabia’s Public Investment Fund has been named as the majority shareholder of LIV Golf Investments, a newly-formed company which has pledged to invest at least $200m (€171m/£144m) over the next ten …
Saudi-led consortium completes Newcastle United takeover
An investment consortium led by Saudi Arabian sovereign wealth fund the Public Investment Fund has completed the acquisition of English Premier League club Newcastle United
Newcastle ‘closing in’ on Saudi-led takeover
English Premier League club Newcastle United is close to being acquired by a Saudi Arabian-led consortium, seemingly putting an end to a long-running process that has led to legal action between the league…