For the second time this week, it becomes known that the Public Investment Fund (PIF) from Saudi Arabia is increasing its stake in Nintendo. Now he owns 8.3% of the Japanese company.
According to analyst Serkan Toto, PIF has not finished investing in gaming companies. He also does not rule out that in the future the Saudi fund may once again acquire Nintendo shares.
Note: to date, PIF has invested in Nintendo, EA, Take-Two, Activision Blizzard, NCSOFT, Capcom and Nexon. Its subsidiary Savvy Gaming Group also invested in the gaming industry. For example, last summer she bought a stake in Embracer Group for $1 billion.