Saudi Arabian government's Public Investment Fund buys 5% stake in Nintendo – Esports Insider
The Saudi Arabian government’s Public Investment Fund (PIF) has reportedly acquired a five percent stake in game developer and publisher Nintendo. The $500bn (~£403bn) fund said it purchased the stake for ‘investment purposes’, according to a filing to Japan’s Finance Ministry reported by Bloomberg. The PIF is Saudi Arabia’s sovereign wealth fund. It has purchased similar stakes in Japanese game […]
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