Company ValueAct Capital invested 1.1 billion dollars in Nintendo, which will allow her to expand her presence in the entertainment industry. An industrial analyst commented on the situation. Daniel Ahmad.
The above investment fund is also a member of the board of directors. Microsoft and Adobe. ValueAct Capital is an activist company interested in changing the activities of enterprises in which they invest.
Its representatives have already held several meetings with top managers. Nintendo and the head of the platform holder Shuntaro Furukawa. Investors believe that thanks to their advice, the Japanese company can strengthen its position in the entertainment industry and become the same digital media giant as Netflix, Tencent, Disney + and Apple music.
Ahmad stresses that this does not mean that ValueAct Capital will be able to influence Nintendo’s policies, but the publisher can heed the advice of the fund. The representatives of the investment company will not yet enter the board of directors – they have too small a percentage of Nintendo shares, but they started investing in the Japanese giant in the spring of 2019.
Amid news of the deal, Nintendo securities rose 4.2%.
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