Saudi Arabia's PIF Raises Stake In Nintendo For The Second Time This Year

Now 7.08%, up from 6.07% in January.

After reports in January that Saudi Arabia's Public Investment Fund (PIF) upped its stake in Nintendo from 5.01% to 6.07%, a new filing suggests that the percentage has been increased again by more than a point.

As reported by Trading View (thanks, VGC), this second increase takes the sovereign wealth fund's overall investment in the Kyoto company to 7.08%.

Read the full article on nintendolife.com