Saudi Arabia Public Investment Fund Acquires Minority Stakes in Capcom and Nexon

[NobleTeam360]

Ryuu96 said:

Saudi Arabia's Public Investment Fund has acquired minority stakes in Nexon and Capcom, worth over $1.2bn.

This is part of a large bet on gaming and comes at the same time as the ESL / FACEIT merger. Thread below with more.https://t.co/riEBU0Nqj2

— Daniel Ahmad (@ZhugeEX) February 4, 2022

Equates to around 5% in each.

Lol, this reminds me of some dude telling me on Twitter just a few days ago that foreign companies can't invest more than 1% into Japanese companies. Then this happens. People are idiots man, I swear.