Embracer Group, the Swedish holding company that’s been buying up everything from Borderlands maker Gearbox Entertainment to the rights to The Lord of the Rings, saw its stock plummet earlier this year when a mystery $2 billion deal collapsed at the last minute. Axios now reports that the partner who walked away wasn’t Microsoft or Sony: I t was Savvy Games Group, backed by the controversial Saudi Arabia Public Investment Fund (PIF) led by crown prince Mohammed bin Salman. “Late last night, we were informed that one major strategic partnership that has been negotiated for seven months will not materialize,”...