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Saudi Arabia’s sovereign wealth fund is considering raising its stakes in Nintendo Co. and other Japanese gaming companies to strengthen the country’s entertainment business in a shift from its oil-dependent economy, the vice chairman of the fund’s gaming entity said. The Public Investment Fund is in the process of transferring shares it holds in the Japanese companies to its gaming company, Savvy Games Group, to create greater synergies, Prince Faisal bin Bandar bin Sultan Al-Saud, the company’s vice chair said in a recent interview with Kyodo News. “There are always opportunities,” he said i…

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