Saudi's Public Investment Fund dissolves stake in Take-Two Interactive (updated)
17/02/2026 15:52
Corrects story and headline to clarify that PIF has transferred the stake to a subsidiary, and not dissolved it, and removes reference to Saudi's gaming push Feb 17 (Reuters) - Saudi Arabia's Public Investment Fund has transferred its stake in Take-Two Interactive TTWO.O to a subsidiary, a regulatory filing showed on Tuesday, ahead of the videogame publisher's highly anticipated launch of "Grand Theft Auto VI." The PIF, Saudi Arabia's sovereign wealth fund, was Take-Two's second-largest shareholder with around 11 million shares worth just under $3 billion, according to data from LSEG. The position is now held by Savvy Games Group. Last year, the PIF and others agreed to acquire Take-Two rival Electronic Arts EA.O in a $55 billion deal as part of its gaming bet. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Shilpi Majumdar) ((Zaheer.Kachwala@thomsonreuters.com;))