Bloomberg reports today that Saudi Arabia’s public investment fund, the Public Investment Fund, has once again reduced its stake in Nintendo. This time the share was reduced to 6.3% from 7.5%. This comes after the Public Investment Fund sold more than 17 million shares in the six weeks to October. Nintendo shares fell about 4% ...
This has been a big year for fighting game tournaments. Not only did Evo 2024 (the world’s largest fighting game tournament) come to a record-breaking conclusion, we’ve also seen a boom in both the genre and the world. It feels like there’s more focus than ever on a historically niche style of play, and the ...
Saudi Arabia’s Public Investment Fund has increased its EA holdings by about 55%. It’s the latest in a continuation of international investments by the country’s wealth fund, which has poured increasing amounts of money into Western and Eastern gaming industries over the years. This information was first reported by Seeking Alpha, which found that national ...
Public Investment Fund of Saudi Arabia there is one more time increased its stake in Nintendo and now owns 8.26% of the Kyoto-based company. Just the other day, it was raised to 7.08%, and in May 2022, the Public Investment Fund of Saudi Arabia had only a 5.01% stake in Nintendo. Nintendo isn’t the only ...
News broke today that Saudi Arabia’s Public Investment Fund has increased its stake in Nintendo and now owns 7.08% of the Kyoto-based company. Saudi Arabia’s Public Investment Fund previously held a 5.01% stake in the company in May 2022, then increased that stake last month to claim a 6.07% stake. Today’s share brings that total ...
Saudi Arabia’s Public Investment Fund (PIF) increased its stake in Nintendo. The stake in Saudi Arabia’s public investment fund rose from 5.01% to 6.07%, according to documents filed with Japanese regulators. Saudi Arabia’s Public Investment Fund (PIF) also has stakes in other major video game companies such as Capcom and Koei Tecmo, among others. The ...
News JVTech The Line: Development of Saudi Arabia’s crazy project can be seen from space! Published on 12/20/2022 at 8:50 p.m “The line”. A pharaonic project initiated by Saudi Arabia resides under this rather simple name. Work has already begun and, if successful, should bring the world’s tallest structure to life by creating a new ...
Image: Embracer Group Following a series of video game company acquisitions made by Saudi Arabia’s Public Investment Fund recently, the state-run wealth fund has now spent $1.05 billion to purchase an 8.1% stake in Embracer Group. That stake will make the PIF’s Savvy Gaming Group the second-largest shareholder in Embracer, according to Bloomberg. This follows ...
Bloomberg is reporting today that the Saudi Arabia’s Public Investment Fund (PIF) has bought a 5% stake in Nintendo. Nintendo hasn’t officially acknowledged the purchase by the PIF as it may not be something that the Kyoto-based company is bursting at the seams to announce. The Saudi Arabia Public Investment Fund was set up by ...
