Saudi Arabia's PIF explores investing more in Japanese gaming firms, including Nintendo.
Saudi Arabia's Public Investment Fund (PIF) is exploring an increase in its investment in Japanese gaming firms, notably Nintendo, as reported by Kyodo News. Prince Faisal bin Bandar bin Sultan Al Saud, vice chair of PIF's gaming unit, indicated that while there are no immediate plans to boost stakes, any future investments will be approached in a "friendly" manner. PIF currently holds 8.58% of Nintendo and has interests in Nexon, Capcom, and Koei Tecmo.
October 05, 2024
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