Saudi Arabia’s Public Investment Fund (PIF) is reportedly considering buying a stake in U.S. theme park operator Six Flags Entertainment Corp. The USD2tr worth sovereign wealth fund, is holding early deliberations about the potential investment after the Kingdom started negotiations to let the company open its first attractions in the country. An agreement has not been reached, and the informal discussions may not result in a deal, sources said. Shares of Six Flags climbed 1.7% to USD60.84 on Wednesday, giving the company a market value of cUSD5.6bn. (Bloomberg)
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