STOCKHOLM (Reuters) – Saudi Arabia’s sovereign wealth fund is taking an 8.1% stake in gaming group Embracer via a direct share issue as part of a push into the games and esports industry. Sweden’s Embracer said in a statement it was issuing 99.9 million shares at a price of 103.47 per share to Savvy Gaming Group which is owned by Saudi Arabia’s $600 billion Public Investment Fund (PIF), raising 10.3 billion Swedish crowns ($1.05 billion). Upon settlement the fund would hold 8.1% of shares and 5.4% of votes in Embracer, it said. PIF has been increasing its exposure to the video gaming industry,…