Saudi Arabia through the Public Investment Fund (PIF) is now reportedly considering further increasing their stake in the popular gaming company, Nintendo. Today, PIF has an 8.58% stake in Nintendo.
This matter was shared by Prince Faisal bin Bandar bin Sultan Al Saud through a special interview. It is said that at present it is only a matter of consideration, and there is no rush in wanting to increase the stake for the time being.
Saudi Arabia through its investment body has investments in a number of other video game companies, including Capcom, and Koei Tecmo.
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BUSINESS & MONEY