Saudi Arabia's PIF Adds to Games Push With 5% Nintendo Stake.

The PIF, as the $500 billion fund is known, has been building stakes in video game makers and e-sports over the past two years. (Bloomberg) -- Saudi Arabia's Public Investment Fund reported a 5.01% stake in Nintendo Co., according to a filing to Japan's Finance Ministry, adding to investments in the country's games industry. [Extracted from the article]