Nintendo to Facilitate Major Unwinding of Strategic Stakes by Regional and National Banks - Sources
Nintendo is arranging for strategic shareholders, including MUFG Bank and the Bank of Kyoto, to sell a significant stake in the company - a move that could amount to about 300 billion yen. The Kyoto-based game maker is also planning a share buyback, and a final decision may come as soon as Friday, according to sources familiar with the matter.