Saudi Arabia PIF reduces stake in Nintendo following rumors of increased investment
The Saudi royal family-backed investment in Nintendo was reduced from 8.58 percent to 7.54 percent.
All Stories Tagged: Savvy Gaming Group
Embracer Group's recently failed $2bn deal was reportedly with Saudi PIF-backed Savvy Gaming
Where Embracer was previously on an acquisition spree, the alleged failed deal with Savvy Gaming sent its share value plummeting and led to layoffs.
