Thread: Saudi Arabia buys 5% of Nintendo

Kadayi

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Saudi Arabia's Public Investment Fund took a 5.01% stake in Nintendo Co., its third investment in a Japanese games company as the industry consolidates.

The PIF, as the $500 billion fund is known, said the Nintendo purchase was made for investment purposes, according to a filing to Japan's Finance Ministry. That is the same reason it has given with previous investments and the holding is set to make the Saudi fund Nintendo's fifth-largest shareholder, according to data compiled by Bloomberg.

Source: Bloomberg
 
I'm no insider as far as financials go but damn... Nintendo is THE japanese gaming company. So on a purely emotional level I wonder would a country allow that to happen.


Already done, see around 3:45

But bu... bu... Japanese companies do not accept companies from other countries buying them, there are laws and shieeet

LMAO

To think some clowns actually believe that horseshit.
 
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Well at least that's definitely going to reign in any wokeist bollocks, but bloody weird regardless.
Are they? (not that Nintendo has a big problem there) Isnt SA and an SA Prince some of the larger Twitter stock holders? And we saw how woke those space ferrets went.
 
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Money. And a lot of them love video games, especially the ones from Japan.
That reminds me that following bin Laden's death when they searched his computer(s), they discovered that he had been playing Final Fantasy VII.

I've never really cared very much about the man, but I do kinda wonder what he thought of the game.
 
That reminds me that following bin Laden's death when they searched his computer(s), they discovered that he had been playing Final Fantasy VII.

I've never really cared very much about the man, but I do kinda wonder what he thought of the game.
He did love his "clouds"
 
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