A while ago, Saudi Arabia’s Public Investment Fund (PIF) purchased a 5.01% stake in Nintendo and invested in other gaming companies, such as Koei Tecmo and Capcom. Evidently the fund felt that was a good investment as today, the Saudi Arabia Public Investment Fund has increased their stake in Nintendo by a bit.
Saudi Arabia’s Public Investment Fund (PIF) now holds a 6.07% stake in Nintendo for an increase of 1.06%. The PIF is continuing its push to expand into Japanese gaming and obtain a bigger foothold, but Nintendo fans should not worry as this doesn’t impact Nintendo’s path forward in any way on a day-to-day basis.
[…] source: realotakugamer.com / image source: […]