Saudi's Public Investment Fund dissolves stake in Take-Two Interactive

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Saudi’s Public Investment Fund dissolves stake in Take-Two Interactive

Grand Theft Auto The Trilogy by Take-Two Interactive Software Inc is seen for sale in a store in Manhattan, New York City · Reuters

Reuters

Wed, February 18, 2026 at 12:55 AM GMT+9 1 min read

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-0.12%

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Feb 17 (Reuters) - Saudi Arabia’s Public Investment Fund has ‌dissolved its stake in ‌Take-Two Interactive, 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 ​move comes even ‌as the Kingdom intensifies its push into the videogame sector, staging several e-sports events in the country to position ‌itself as a ​global hub for ​the ​industry.

Last year, the PIF ‌had agreed to acquire ​Take-Two ​rival Electronic Arts in a $55 billion deal as part ​of ‌its gaming bet.

(Reporting by Zaheer ​Kachwala in Bengaluru; Editing ​by Shilpi Majumdar)

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