Saudi Investment Firm Acquires A Significant Number Of Capcom Shares

Its purpose is supposedly “pure investment”.

The Saudi investment firm Misk Foundation, using its Electronic Gaming Development Company (EGDC) branch, has acquired a significant number of shares in Capcom, according to GameBiz (thanks, Automaton).

The firm, owned by Saudi Arabian Crown Price Mohammed Bin Salman, now owns a 5.03% stake in Capcom after acquiring 26,788,500 shares. It has stressed, however, that its reasoning is for “pure investment”, which likely means it will simply earn profits from share increases.

Read the full article on nintendolife.com

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