Saudi Arabia's wealth fund raises Nintendo stake to 6%

Saudi Arabia's Public Investment Fund (PIF) has increased its stake in Japan's Nintendo Co Ltd to 6%, a filing showed on Thursday, reflecting the sovereign wealth fund's growing exposure to the Japanese video gaming industry.

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Flawlessmic67d ago

These dam saudis are buying everything, they've come for sports I love and now they are trying buying there way into gaming.

Dirty_Lemons67d ago

Yeah I couldn't agree more. I will never support homophobic, sexist and genocidal governments and it blows my mind that (for example) a "family" business like WWE is going to be potentially sold to them. The second that becomes a reality I'll close my childhood wrestling book for sure.

I think I'd rather Microsoft succeed in buying ActiBliz.