Saudi's PIF raises stake in Japanese film company Toei to 6%

Saudi's PIF raises stake in Japanese film company Toei to 6%

FILE PHOTO: 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 Childs

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.

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