Saudia Arabia’s Public Investment Fund has increased its ownership of Nintendo for the second time in a month, according to a new report.
The financial scheme, founded by the country’s highly-controversial ruling Prince Mohammed bin Salman, now owns 7.08 percent of Nintendo, up from 6.07 percent in January, Trading View revealed today (thanks, VGC).
The PIF was previously known to have acquired a 5.01 percent stake in the company as of May 2021. The quick addition of more highlights the fund’s growing stake in Nintendo – and many other video game companies – gathering pace.
Source – eurogamer.net
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