ESports Professional

Saudi Arabian government’s Public Investment Fund buys 5% stake in Nintendo

The Saudi Arabian government’s Public Investment Fund (PIF) has reportedly acquired a five percent stake in game developer and publisher Nintendo. The $500bn (~£403bn) fund said it purchased the stake for ‘investment purposes’, according to a filing to Japan’s Finance Ministry reported by Bloomberg. Nintendo’s headquarters in Kyoto, Japan. The PIF is Saudi Arabia’s sovereign […]