Saudi's PIF says raising Japanese gaming stakes 'a possibility,' Reuters says
Saudi Arabia's Public Investment Fund, or PIF, views raising the interests it holds in Japanese gaming companies as "a possibility," Reuters reports, citing an interview PIF vice chairman Prince Faisal bin Bandar bin Sultan Al Saud did with Kyodo News. The vice chair told the Japanese news agency that the fund is not in any rush to boost its positions, and that investments would be done in a "friendly" way, the report notes. Kyodo noted that PIF currently owns 8.58% of Nintendo (NTDOY) and has stakes in Nexon (NEXOY), Capcom (CCOEY), and Koei Tecmo (TKHCF).
