Saudi Arabia’s Public Investment Fund (PIF) has taken 5.1 per cent investment stake in Nintendo, a move that will make the Saudi fund the fifth largest shareholder of Nintendo, according to Bloomberg. The PIF, headed by Saudi Arabian Crown Prince Mohammed bin Salman, has been proactively investing in games companies, including more than $3 billion in Electronic Arts, Activision Blizzard, an…
Saudi Arabia’s PIF acquires 5% stake in Nintendo
Mobile GamingTime Stamp: May 18, 2022 11:02 AM