Media: Saudi Arabia's Sovereign Wealth Fund acquired another 1.01% of Nintendo
The Public Investment Fund (PIF), controlled by the Saudi authorities, continues to invest in Nintendo. According to the Trading View portal, the fund increased its stake in the Japanese publisher to 7.08%.
It is not known how much PIF paid for the shares.
PIF is acquiring Nintendo shares for the third time. For the first time, a Saudi fund bought a stake in the company (5.01%) in May 2022, and Nintendo itself learned about it from the news. He made his second purchase in January 2023, becoming the owner of another 1.06% of Nintendo.
