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Saudi sovereign wealth fund considers increasing its stake in Nintendo
On October 5th, Jinshi data, according to foreign media reports, Faisal bin Bandar, Vice Chairman of Savvy Games Group, a subsidiary of the Saudi sovereign wealth fund, said in an interview that the fund is considering increasing its stake in Nintendo and other Japanese game companies. He was quoted as saying that the Public Investment Fund (PIF) is not in a hurry and wants to ensure that the gaming companies agree to the wealth fund’s investment. PIF has been looking for new companies to invest in.