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

[Kakadu18]

NobleTeam360 said:

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.

People always misunderstand everything and think it's all very simple. Foreign companies can buy Japanese companies completely. The thing is that the bigger the company is the more tightly every foreign investment is regulated. For example getting 5% from Nintendo or Sony would be way harder and buying any of them out completely would be close to impossible. On the other hand investment in companies like Marvelous is less tightly regulated and it wasn't so hard for Tencent to aquire a 20% share.

Outright buying Capcom would be very hard or close to impossible for the Saudis because the Japanese government tries to keep most of the revenue flow of their big companies within the country.