Saudi Arabia may increase its stake in Nintendo

, by Thibaut

Saudi Arabia may increase its stake in Nintendo

The Japanese company and Saudi Arabia's Public Investment Fund may be getting closer in the near future.

At least that's what Prince Faisal bin Bandar bin Sultad Al-Saud, vice-president of the Saudi group, said in an interview with Kyodo News. He stated that there "are always opportunities" when it comes to new investments.

Nintendo is one of the companies targeted by the public investment fund, which currently owns 8.5% of Nintendo.

Source: english.kyodonews.net