Announced
Completed
Financials
Sources
Tags
Japan
Gaming
Acquisition
Private Equity
Minority
Single Bidder
Friendly
gaming
Completed
developing games
Cross Border
Public
Synopsis
Public Investment Fund, a global investment company, completed the acquisition of a 5% stake in Nintendo, a multinational consumer electronics company that develops game consoles, for $3bn. The acquisition marked the latest purchase by the $500bn fund in the video games and e-sports sectors, where the Saudis have been expanding in the past two years.
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