Nintendo is reportedly preparing a major unwinding of strategic cross-shareholdings that could see MUFG Bank and the Bank of ...

Close to $2 billion worth of Nintendo stock is set to change hands as part of 'unwinding' efforts that don't come around too often.

Major Japanese banks sell $1.9 billion in Nintendo shares, signaling a strategic shift away from traditional cross-shareholding structures in corporate Japan.

Nintendo is set to sell shares worth about 300 billion yen. Major banks including MUFG Bank and Bank of Kyoto will sell their stakes in the 'Super Mario' maker. This move is part of a broader trend in ...