Saudi Arabia’s Public Investment Fund Raises Stake In Nintendo To 6%

Up from just over 5%.

It has been announced that Saudi Arabia’s Public Investment Fund, or PIF, has upped its previous stake in Nintendo from 5.01% to 6.07%.

As reported by Reuters (thanks, GoNintendo), the sovereign wealth fund increased its previous ownership stake in the Kyoto company by 1.06%, as revealed today in a Japanese report filing.

Read the full article on nintendolife.com

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