PIF trims Nintendo stake to 5.26%: Report

02/12/2024 Argaam

PIF trims Nintendo stake to 5.26%: Report

Logo of Public Investment Fund (PIF)

The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, cut its stake in Japanese video game giant Nintendo Co. to 5.26% from 6.29%, Reuters reported.

 

The ownership change took effect on Nov. 26, with the fund maintaining its position as a pure investment.

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