PIF ups stake in Japan’s Nintendo to 6.07%: report

12/01/2023 Argaam
Logos ofNintendo andPublic Investment Fund

Logos of Nintendo and Public Investment Fund 

The Public Investment Fund (PIF) raised its stake in Japan's video game maker, Nintendo Co. Ltd, to 6.07%, Reuters reported. 

 

The Kingdom’s wealth fund disclosed this in the ownership report filed with Japanese regulators.

 

In May 2022, Bloomberg reported that the PIF acquired 5.01% of Nintendo, Argaam earlier reported.

 

For More Mergers and Acquisitions

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