Thursday, 03 February 2022 19:54

Saudi Arabia Acquires 5% Stake in Capcom

Written by Eli Shayotovich
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Saudi Arabia’s Public Investment Fund bets big on gaming by purchasing a 5% stake in both Capcom and Nexon worth an estimated $1 billion.

Over the last few years, Saudi Arabia has shown it has an increasing desire to diversify its investment portfolio within the video game industry. Its latest investment in both Capcom and Nexon is said to be valued at over 1 billion.

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