NEWS

Saudi-backed Savvy Games seeks multibillion-dollar China deals

Saudi-backed Savvy Games Group is looking to China and other Asian markets for its next multibillion-dollar deal. Brian Ward, the games industry veteran who now serves as the Riyadh-based group’s chief executive, said current geopolitical tensions created an opportunity for Savvy to strike deals with Chinese developers. Savvy’s chief said the company’s base was an advantage at a time when geopolitical tensions have made it increasingly difficult for large Chinese companies to strike deals in the US, and for American groups to make acquisitions in China.