PIF trims Nintendo stake to 5.26%: Report

01:15 PM (Mecca time) Argaam
Logo ofPublic Investment Fund (PIF)

Logo of Public Investment Fund (PIF)

The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, cut its stake in Japanese video game giant Nintendo Co. to 5.26% from 6.29%, Reuters reported.

 

The ownership change took effect on Nov. 26, with the fund maintaining its position as a pure investment.

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