Saudi Arabia's Public Investment Fund (PIF) trimmed its holding in Nintendo Co., a day after reports that a senior executive at the kingdom's mammoth sovereign wealth fund said it was considering upping its stake.

Savvy Games Group, a subsidiary of Saudi Arabia's Public Investment Fund, is estimated to have recently made over $100 million on Nintendo.

LONDON (Reuters) - Saudi Arabia's Public Investment Fund is among potential bidders exploring the purchase of a minority stake worth around $1 billion in DAZN, the sports-streaming group backed by billionaire Len Blavatnik, two people with knowledge of the matter said.