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Saudi Arabia's PIF Further Reduces Its Stake In Nintendo
Sovereign wealth fund now has a 6.3% stakehold.
Saudi Arabia's Public Investment Fund has reduced its stake in Nintendo for the second time in as many months.
As reported by Bloomberg (thanks, The Edge), a new filing in Japan shows that the PIF's stake in the Japanese video game firm now stands at 6.3%, down from 7.54%. This follows an earlier 1.04% reduction in October, a move which came soon after reports to the contrary suggesting the sovereign wealth fund was seeking to increase rather than decrease its Nintendo stakehold.
Read the full article on nintendolife.com
11-13-2024 AM EST 09:45 AM EST - https://www.nintendolife.com/news/20...ke-in-nintendo
More at Nintendo Life
Saudi Arabia's Public Investment Fund has reduced its stake in Nintendo for the second time in as many months.
As reported by Bloomberg (thanks, The Edge), a new filing in Japan shows that the PIF's stake in the Japanese video game firm now stands at 6.3%, down from 7.54%. This follows an earlier 1.04% reduction in October, a move which came soon after reports to the contrary suggesting the sovereign wealth fund was seeking to increase rather than decrease its Nintendo stakehold.
Read the full article on nintendolife.com
11-13-2024 AM EST 09:45 AM EST - https://www.nintendolife.com/news/20...ke-in-nintendo
More at Nintendo Life
