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Al-Marsad newspaper: The Public Investment Fund acquired a 5% stake in a famous gaming company.
The fund bought 5% of the shares of the famous Japanese video game company “Nintendo”, which developed the game “Super Mario”.
The Public Investment Fund increased its investments in video game companies in the past two years, as it had previously invested in Activision Blizzard, which was bought by Microsoft.
The percentage of investments amounted to regarding 69 billion dollars, and the fund owns 37.9 million shares, representing 5% of the shares of the company producing the “call of duty” game.
