Saudi fund moving $12 billion in gaming stocks to subsidiary

Saudi Arabia’s Public Investment Fund is transferring about $12 billion worth of video game company shares to Savvy Games Group, one of its subsidiaries. The move includes stakes in big names like Nintendo Co. and Bandai Namco Holdings Inc. The transfer will boost Savvy’s position in the gaming world. After the shares change hands, Savvy […] source: https://www.cryptopolitan.com/saudi-fund-moving-12-billion-in-gaming-stocks-to-subsidiary/