Oda On New: top related news
12.09 / 09:41
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SNK's Saudi Arabia Sale Will Have "No Effect" On Its Games Says Lead Dev
Back in February, Saudi Crown Prince Mohammed bin Salman's PIF acquired 96 percent of SNK. While we only came to know about this complete takeover in April, the process began almost two years ago, when the foundation purchased a 36 percent stake, which later became a controlling 51 percent – and now SNK is almost entirely owned by PIF. This isn't the only developer that the foundation has acquired. It has minority stakes in Nintendo, Capcom, and Nexon, along with investments in Activision Blizzard, Take-Two, and even the Embracer Group. And let's not forget our editor in chief's favourite football club.