Electronic Gaming Development Company (EGDC), a subsidiary of a foundation run by Saudi crown prince Mohammed bin Salman, now owns 96.18% of Japanese developer SNK following a massive investment.
According to an announcement sent to SNK investors in February, EGDC recently acquired a majority of SNK’s shares on the South Korea stock exchange, where the King of Fighters and Samurai Shodown studio has been publicly traded since 2019.
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