Saudi Arabia’s Public Investment Fund raises Nintendo stake to 6%
The Public Investment Fund (PIF) of Saudi Arabia has raised its stake in Nintendo, according to recent filings. The PIF, after investing in multiple other companies in the industry (including EA, Activision Blizzard, Take-Two, Nexon, Capcom, Koei Tecmo, SNK, and a $1 billion stake in Embracer Group) obtained a 5%…