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ValueAct builds a stake of over $1.1 billion in Nintendo
Activist investor ValueAct Capital Partners LP has built a stake of over $1.1 billion in Nintendo after first buying stock in April 2019. ValueAct believes Nintendo has potential for growth both in the software business and as a broader entertainment company.
ValueAct says it has had several meetings with members of Nintendo management, and they are on-board with the vision the company's higher-ups have shared. While ValueAct could be in a place to offer guidance to Nintendo should they want it, ValueAct has not officially asked to have board representation.
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