Third from Japanese game company SNK bought by Saudi prince

A third of the shares of the Japanese game company SNK have been bought by the Saudi Prince Mohammed bin Salman al-Saud.

Via his Misk foundation, he now owns about 33.3 percent of SNK. This involves an investment of approximately 180 million euros. As a result, Bin Salman owns more shares in the company than any other shareholders, although it is not enough to determine the company’s strategy.

Via a press release However, it has emerged that Misk intends to buy an additional 17.7 percent of shares, giving Bin Salman a majority stake in the company.

The Misk foundation has long been used to regulate Bin Salman’s interests in foreign companies. SNK is known for franchises such as Metal Slug and Samurai Shodown.

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