Reuters Reveals Details of Huge Deal for “Investment Fund” to Increase Stake in Famous US Company



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Al-Marsad Journal: Reuters revealed today, Monday, that the Public Investment Fund has increased its stake in a US company; According to a file filed with the United States Securities and Exchange Commission.

On its website, the agency said that the Saudi Public Investment Fund had increased its stake in US video game company “Activity Blizzard” by 13.3%, equivalent to 37.9 million dollars. actions.

Reuters added that, according to the file submitted, the Saudi Public Investment Fund bought 4.4 million shares of the video game company during the second quarter of this year.

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