Saudi Arabia buys 5% stake in Nintendo
| |

Saudi Arabia buys 5% stake in Nintendo

Saudi Arabia is now the fifth-largest Nintendo shareholder. The Saudis continued their spending spree in the gaming industry with a significant purchase of Nintendo stock. This is the latest in a string of Saudi investments within the gaming industry. The company has stakes in American publishers Activision Blizzard, Electronic Arts, and Take-Two. It also has…