Deals
Saudi Sovereign Fund Considers Stake in Six Flags
- Public Investment Fund in early talks, no final decision made
- Six Flags is looking at park locations in Saudi Arabia
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Saudi Arabia’s Public Investment Fund, which is being transformed into a $2 trillion investment giant, is considering buying a stake in U.S. theme park operator Six Flags Entertainment Corp., people familiar with the matter said.
The PIF, as the sovereign wealth fund is known, is holding early deliberations about the potential investment after the kingdom started negotiations to let the Texas-based company open its first attractions in the country, said the people, who asked not to be identified as the talks are private. An agreement hasn’t been reached and the informal discussions may not result in a deal, they said.