Saudi Arabia has bought a share of Nintendo! (Take it, get it too)
May 18, 2022
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The Saudi Arabian Public Investment Fund, the world’s largest investment fund and led by Saudi Arabia’s Crown Prince Mohammed bin Salman, today made a purchase that deeply affects
The Saudi Arabian Public Investment Fund, the world’s largest investment fund and led by Saudi Arabia’s Crown Prince Mohammed bin Salman, today made a purchase that deeply affects the gambling world. Fund, one of the big names in the game world Nintendo’s 5.01% share he bought.
With the acquisition shared by the Japanese Ministry of Finance, the Public Investment Fund has become the company’s fifth largest shareholder. According to the details shared by Bloomberg, the purchase was made by the Fund’for investment purposes‘ is carried out. The statement Nintendo shared contained an odd detail.
Nintendo heard about the takeover from the news
According to information Bloomberg receives from a Nintendo spokesperson, the company has bought 5% of the Saudi Arabian fund. learned by the news†The company said it would not comment on the matter to shareholders. On the other hand, with Saudi Arabia’s new investment, its presence in the gaming world has also increased.
Saudi Arabian Public Investment Fund, which Microsoft has now agreed to the acquisition on Activision Blizzard also a major shareholder. But the fund EA and at Take-Two also have their share. Financing this year only Nexon and to Capcom also made investments.
In the meantime, you can check out our Nintendo Switch OLED review below
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.