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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

Saudi Arabia has bought a share of Nintendo!  (Take it, get it too)

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

nintendo

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

Source: Web Tekno

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