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Saudi Arabia increases stake in Nintendo (NTDOY) to 6 percent

By way of the Public Investment Fund, Saudi Arabia has heightened its stake in Nintendo, becoming one of the company's largest shareholders.

Saudi Arabia Now Owns 6% Of Nintendo

Saudi Arabia's Public Investment Fund has bought more shares of Nintendo, increasing its holdings to own 6.07% of the Mario company, according to Reuters. The PIF previously owned 5.01% of…

Saudi Arabia Spending $13 Billion on Acquiring “Leading Game Publisher”

Saudi Crown Prince Mohammed bin Salman has announced that The The post Saudi Arabia Spending $13 Billion on Acquiring “Leading Game Publisher” appeared first on PlayStation LifeStyle.

Saudi Arabia puts $13 billion aside to acquire a ‘leading game publisher’

The state-backed Savvy Gaming Group is set to invest $37 billion USD into gaming altogether, which will include acquisition of a major publisher.

Saudi Arabia Looking To Invest Almost $38 Billion In Games Industry, Could Acquire A Publisher

Saudi Arabia is planning to invest another $37.8 billion in the gaming market through its government-funded gaming conglomerate, The Savvy Gaming Group.According to a new Axios report, more than $13…