Saudi sovereign fund PIF raises stake in Japanese film company Toei to 6%

United States News News

Saudi sovereign fund PIF raises stake in Japanese film company Toei to 6%
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Saudi Arabia's Public Investment Fund (PIF) has increased its stake in Toei Co Ltd to 6%, a filing showed on Friday, reflecting the sovereign wealth fund's growing exposure to the Japanese media industry.

Golf - The inaugural LIV Golf Invitational - Centurion Club, Hemel Hempstead, St Albans, Britain - June 11, 2022 Newcastle United chairman and Saudi Public Investment Fund governor Yasir Al-Rumayyan speaks to spectators after The inaugural LIV Golf Invitational REUTERS/Paul Childsto 6%, a filing showed on Friday, reflecting the sovereign wealth fund's growing exposure to the Japanese media industry.

PIF's stake in the Tokyo-based film and animation firm has risen from 5% to 6.03%, according to the ownership report filed with Japanese regulators. PIF last month revealed raising its stake in the e-sports giant Nintendo to 8.26%. The leading sovereign fund has also invested in Japanese gaming companies Nexon

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan's Marubeni, Saudi's PIF weighing clean hydrogen production in kingdomJapan's Marubeni, Saudi's PIF weighing clean hydrogen production in kingdomMarubeni Corp has agreed to study clean hydrogen production in Saudi Arabia together with the kingdom's sovereign wealth fund, the Japanese trading house said on Thursday, as Riyadh is exploring cleaner energy to cut its reliance on oil.
Read more »

Saudi, UK ministers agree to study combat air co-operation, Saudi agency reportsSaudi, UK ministers agree to study combat air co-operation, Saudi agency reportsSaudi and British defence ministers have agreed to study future co-operation on combat air capabilities and potential industrial projects, the Saudi state news agency reported.
Read more »

Saudi, UK ministers agree to study combat air cooperation -Saudi agencySaudi, UK ministers agree to study combat air cooperation -Saudi agencySaudi and British defence ministers have agreed to study future co-operation on combat air capabilities and potential industrial projects, the Saudi state news agency reported.
Read more »

Wreck of long-lost US World War II submarine found off Japanese coastWreck of long-lost US World War II submarine found off Japanese coastJapanese researchers have located the wreck of USS Albacore, one of the most successful U.S. submarines of World War II, off the island of Hokkaido, where the sub sank after hitting a mine in November 1944.
Read more »

Japanese hotel boss apologizes for only changing water in spa bath twice a year | CNNJapanese hotel boss apologizes for only changing water in spa bath twice a year | CNNThe boss of a 158-year-old Japanese guesthouse has apologized for only changing the water in its spa bath twice a year, after it was found to be teeming with potentially deadly bacteria.
Read more »

Three Japanese Banks Start Stablecoin ExperimentThree Japanese Banks Start Stablecoin ExperimentThree Japanese domestic banks have started a stablecoin experiment involving local governments and private companies. By amitoj
Read more »



Render Time: 2025-02-19 18:58:01