Published 1 year ago

Saudi wealth fund becomes biggest outside Nintendo investor

Summary by Bloomberg

Saudi Arabia’s Public Investment Fund became the largest outside shareholder of Nintendo Co. on Friday, in the latest move by the Gulf state to lower its reliance on oil.

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Times of India

Saudi wealth fund becomes biggest outside Nintendo investor

Nintendo did not immediately respond to a request for comment regarding Saudi investment. A filing to Japanese regulators on Friday revealed the Public Investment Fund's holding in Kyoto-based Nintendo. Saudi Arabia has been steadily building its stake over recent months in the company, best known for its Super Mario Brothers franchise and its Nintendo Switch gaming console.

1 year ago·India

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CTV News

Saudi wealth fund becomes biggest outside Nintendo investor

A Saudi sovereign wealth fund now holds 8.26 per cent of the stock in the video game maker Nintendo, making it the largest outside investor in the Japanese gaming company, a company filing said Friday.

1 year ago·Canada

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Associated Press News

Saudi wealth fund becomes biggest outside Nintendo investor

DUBAI, United Arab Emirates (AP) — A Saudi sovereign wealth fund now holds 8.26% of the stock in the video game maker Nintendo, making it the largest outside investor in the Japanese gaming outfit, a company filing said Friday.

1 year ago·United States

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abc News

Saudi wealth fund becomes biggest outside Nintendo investor

A Saudi sovereign wealth fund now holds 8.26% of the stock in the video game maker Nintendo, making it the largest outside investor in the Japanese gaming company

1 year ago·United States

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The Washington Post

Saudi wealth fund becomes biggest outside investor in Nintendo

A Saudi sovereign wealth fund now owns 8.26 percent of stock in the video game company.

1 year ago

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KRDO

Saudi wealth fund becomes biggest outside Nintendo investor

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — A Saudi sovereign wealth fund now holds 8.26% of the stock in the video game maker Nintendo, making it the largest outside investor in the Japanese gaming company, a company filing said Friday. The investment comes as part of efforts by the kingdom’s Public Investment Fund to diversify Saudi Arabia’s economy away from oil, including billions already spent on video game firms. Th…

1 year ago·Colorado Springs, United States

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