PIF raises stake in Japan’s Toei to 6%

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Logo of Public Investment Fund (PIF)

The Public Investment Fund (PIF) increased its stake in Tokyo-based animation studio Toei Co. Ltd to 6.03% from 5%, Reuters reported, citing the ownership report filed with Japanese regulators.

Last month, the Kingdom’s sovereign wealth fund raised its interest in e-sports giant Nintendo twice to 8.26% from 6.07%.

PIF Investments

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PIF raises stake in Japan’s Toei to 6%

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