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[IbizaPocholo]

Saudi Arabia has bought a $1 billion chunk of Capcom and Nexon | VGC

The stake is worth more than 5%

www.videogameschronicle.com

Bloomberg reports that the nation’s Public Investment Fund has been used to invest stakes of more than 5% in both Capcom and Nexon.

Although it’s not clear how much of the fund has been allocated to each investment, the report claims that the investments in Capcom and Nexon combined come to more than $1 billion.

This is the latest in a series of investments in video game and esports companies that Saudi Arabia has been making in recent years.

In December 2020 the fund acquired over $3 billion worth of stock in Activision Blizzard, Electronic Arts and Take-Two.

 

[GigaBowser]

"In December 2020 the fund acquired over $3 billion worth of stock in Activision Blizzard, Electronic Arts and Take-Two.

It’s set to receive a profit on part of that investment if Microsoft‘s acquisition of Activision Blizzard is successfully completed, as the deal will see all shares bought out for $95, whereas thoughout December 2020 the price ranged from $79-91 per share."


Looks like they might trying to profit off of someone else taking Capcom over.

 

[G-Bus]

I bet they're coming out with their own console that runs on a lite gasoline and the fumes will increase game immersion.

 

[NikuNashi]

All women's skirts in SF6 to become ankle length.

 

[Ghost of Caelid]

This puts capcoms value at roughly 7 billionish dollars...seems low.

 

[GigaBowser]

This puts capcoms value at roughly 7 billionish dollars...seems low.

They will sell for a hell of a lot more than their worth if they decide to sell.

 

[RevGaming]

 

[Oddvintagechap]

They trying to get a quick return in investment.

 

[lh032]

i dont see anything wrong with it, alot of companies has all kinds of investment from othter countries.

 

[Dr_Salt]

Rashidoo

 

[MaulerX]

They will sell for a hell of a lot more than their worth if they decide to sell.

Yep. When you add the acquisition premium you're talking over $10 Billion easily.

 

[TaiLopezFan]

Buy Take Two. This stock will explode once GTA 6 and GTA Mobile by Zynga is out. It’s inevitable. TTWO is a hundred Billion dollar company l.

 

[Spukc]

All women's skirts in SF6 to become ankle length.

Don’t worry they are dirty af

 

[Oddvintagechap]

All women's skirts in SF6 to become ankle length.

>>

This puts capcoms value at roughly 7 billionish dollars...seems low.

that’s actually high. It was like 5 billionish a bit ago.

 

[Vaelka]

All women's skirts in SF6 to become ankle length.

That's too indecent, they'll have to cut them from the game altogether.

 

[Yoboman]

I thought I couldn't think of a worse investor than China, but here we are

Next North Korea will be investing in Square Enix

 

[SSfox]

All women's skirts in SF6 to become ankle length.

Yeah people were saying same about KOF when Arabian bought SNK, even myself suspected this may happen, but it ended being the girls are sexier than ever in kof15.

Guess most puritains extremists seems to be more in America than in the Arab countries.

 

[Tschumi]

1bn?

 

[//DEVIL//]

Yeah people were saying same about KOF when Arabian bought SNK, even myself suspected this may happen, but it ended being the girls are sexier than ever in kof15.

Guess most puritains extremists seems to be more in America than in the Arab countries.

What now ? Saudi Arabia bought SNK ? This can’t be right .


I mean why US can’t buy Japanese video game company and Japan won’t sell etc then all sudden ksa buys SNK. Something is not right lol

 

[Yoboman]

What now ? Saudi Arabia bought SNK ? This can’t be right .


I mean why US can’t buy Japanese video game company and Japan won’t sell etc then all sudden ksa buys SNK. Something is not right lol

I think they bought 33% with the intent to buy more. Can't find an indication that they have the controlling stake in SNK now

Foreign investment is definitely allowed. Foreign takeovers might be reviewed. Certain big Japanese companies are off limits for takeover. We don't really know what that list of companies is thougb

 

[HerjansEagleFeeder]

All women's skirts in SF6 to become ankle length.

I'm not too familiar with the details here, so I'm walking on thin ice. But afaik Arabian investors are very hands off and relaxed about this stuff. This is a clever move. I wouldn't expect anything of the kind we see constantly with Chinese companies trying to enforce CCCP censorship onto foreign entities.

Edit: How much of total Capcom is this, anyway? Lol I don't know shit.

 

[Paulistano]

All women's skirts in SF6 to become ankle length.

Worry not we have mama Sony from California.

 

[anothertech]

"Yoga Fire!"

 

[ntropy]

street fighter 6 incoming

 

[The_Mike]

 

[Brofist]

I think they bought 33% with the intent to buy more. Can't find an indication that they have the controlling stake in SNK now

Foreign investment is definitely allowed. Foreign takeovers might be reviewed. Certain big Japanese companies are off limits for takeover. We don't really know what that list of companies is thougb

If Sharp could be bought I’d guess a company like Capcom could easily be bought, but who knows.

 

[Yoboman]

If Sharp could be bought I’d guess a company like Capcom could easily be bought, but who knows.

Sharp was in massive decline, that acquisition most likely saved them from complete bankruptcy. I dont think Japan's regulations are so brutal to prevent that

 

[YeulEmeralda]

Ultra haram!

But seriously KSA doesn't mix money with religion.

 

[Hosam6xavi]

I love it

And hopefully more to come

 

[N0S]

 

[Pedro Motta]

Smart investment, in before someone really buys them out and make a lot of money out of it in the process.

 

[Labadal]

Who will Microsoft buy next?

Who will Dony buy next??

Who will Nintendo buy next!??

Who will Saudi Arabia buy next!!??

 

[jigglet]

Are they the ones trying to move away from their reliance on oil? If so it makes sense I guess. Although given their resources I'd expect them to move faster and acquire more.

 

[Tiago Rodrigues]

"In December 2020 the fund acquired over $3 billion worth of stock in Activision Blizzard, Electronic Arts and Take-Two.

It’s set to receive a profit on part of that investment if Microsoft‘s acquisition of Activision Blizzard is successfully completed, as the deal will see all shares bought out for $95, whereas thoughout December 2020 the price ranged from $79-91 per share."


Looks like they might trying to profit off of someone else taking Capcom over.

Yup. Sounds like they are buying stock from companies they expect to sell in the future.

 

[yurinka]

Smart investment. Jimbo, buy Capcom (and maybe Nexon) before it's too late! Time is up!

 

[SkylineRKR]

I thought I couldn't think of a worse investor than China, but here we are

Next North Korea will be investing in Square Enix

FFXVII, its release is behind closed doors also.

 

[Impotaku]

All women's skirts in SF6 to become ankle length.

You pevert, no way they are going that full on pornographic having those sinful ankles on show. They will have costumes that go right down to the floor they'll move like ghosts no skin allowed for sinful mens eyes.

 

[K2D]

If had more money than I could spend right now - I'd do the same. 7% inflation in the UK, I don't how the situation is in other countries, but it's in the times. Your cash is burning