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Forums - Gaming - Saudi Arabia buys Embracer group 8% stake about 1 billion

Chrkeller on 09 June 2022
SegaHeart said:
Chrkeller said:

Buying a company requires SEC approval, along with other regulatory approvals. I do not see Saudi buying Sony/Disney, it would never be supported. There is a reason they are buying small stakes and not large.

I'm not familair with SEC approval? If so then that helps does this protect only Big Companies or small ones? WIll it help protect Capcom? I think Capcom is sort of big? SEC should have a say.

I am not an expert by any stretch of the imagination, my background is physical science.  I just have been part of mergers and acquisitions.  When there is a buyout it goes through months, sometimes a year+, of regulatory approvals.  People can't just buy a company, at least not in the US and EU.  No idea on Japan.



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DeletedAccount3 on 09 June 2022

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Chazore on 10 June 2022
Hiku said:
CaptainExplosion said:

Oh, so we're just gonna gloss over how the prince likes to chop up journalists because they're unprotected.

There's a time and place for everything. That has been discussed at length elsewhere. It's fine to mention it because it should not be forgotten. But if it doesn't hold much relevance to this particular thread, then there's a point where we should move on from that discussion.

Yes, but at the same time it's from the prince himself, who has that history attached to him.

That's like saying everyone should just focus on the past "emperor" of Africa's donations of Uranium to France, not the fact that he was an evil cannibal who beat a load of children to death. No matter what anyone says, that history stuck with that man till the day he died, and well, this prince isn't fond of Human rights, women's rights, and has his own assassination squad, which have been documented, so yes, that history is sadly attached to the prince, who has recently bought that 8% stake. 

Like Ryu stated before, the regime currently sucks, has done for decades now, and the prince has bad history and ill will all over him, so I and others have every right to voice displeasure on this recent event and make sure the history attached to the man is brought up, especially if said person is capable of evil actions/thoughts. 



Mankind, in its arrogance and self-delusion, must believe they are the mirrors to God in both their image and their power. If something shatters that mirror, then it must be totally destroyed.

Chrkeller on 10 June 2022

Creating instability in the middle east, specifically one of the larger and more powerful nations, doesn't seem like a well thought out plan.



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Chrkeller on 10 June 2022
CaptainExplosion said:
Chrkeller said:

Creating instability in the middle east, specifically one of the larger and more powerful nations, doesn't seem like a well thought out plan.

It's not a stable nation right now anyway. Again with the executions and women's rights being almost non-existent.

Then again, more appropriate karma for the country would be the sequel to this little surprise they got last summer.



Last I checked, the end results were most likely worse than what we saw here.

And couple last thoughts, given this is just a circus at this point.  

1) The world depends on petroleum and depends on it a lot.  Saudi is a top 5 producer as is Russia.  Russia is already creating issues on the supply...  you want to add in Saudi...  not well thought out.

2) Just my opinion, but you shouldn't wish negative impact to an entire country who has little choice in how the country operates.  Again, naive.  



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QUAKECore89 on 10 June 2022
CaptainExplosion said:
Chrkeller said:

Creating instability in the middle east, specifically one of the larger and more powerful nations, doesn't seem like a well thought out plan.

It's not a stable nation right now anyway. Again with the executions and women's rights being almost non-existent.

Then again, more appropriate karma for the country would be the sequel to this little surprise they got last summer.



Last I checked, the end results were most likely worse than what we saw here.

Hmm i don't think this is karma, they actually eat fried grasshoppers for high protein.



QUAKECore89 on 10 June 2022
CaptainExplosion said:
QUAKECore89 said:

Hmm i don't think this is karma, they actually eat fried grasshoppers for high protein.

You'd be surprised how much damage locusts can do. Especially in a part of the world where it's really hard to grown produce.

Yeah we had swarms of locusts thanks to the strong winds pushed them real hard from Saudi Arabia to my country(Kuwait), it was wild unexpected and funny at the same time, the skies were getting covered by the grasshoppers and turned into midnight.

Some people were unhappy because they could lay eggs everywhere and many stuff damaging something, while the others were happy cause why not let's sell a bag of dried locust for $30, so people can enjoy the delicious fried locusts like hakuna matata.

Unfortunately for locusts, they didn't make it. rip. lol