https://arab.news/2sg4x
DUBAI: Ƶ’s Public Investment Fund said on Saturday it was considering raising its stake in Japan’s Nintendo and other Japanese gaming companies, according to reports.
Prince Faisal bin Bandar bin Sultan Al Saud, vice chair of the PIF’s gaming unit, disclosed the plan in an interview with Kyodo News.
He said that the PIF was “not in a rush to increase its stakes” and that the investments would be made in a “friendly way.”
The PIF currently owns 8.58 percent of Nintendo and has stakes in video game companies Capcom, Nexon, and Koei Tecmo.