Video game giant Electronic Arts announced Monday it would be acquired by a consortium led by Saudi Arabia’s Public Investment Fund for $55 billion, in what EA said would be the largest all-cash private equity buyout in history.<\/p>\n
The consortium also includes US investment firms Silver Lake and Affinity Partners, the Miami-based firm founded by Jared Kushner, former White House advisor and son-in-law of President Donald Trump.<\/p>\n
“This moment is a powerful recognition of their remarkable work,” EA Chairman and CEO Andrew Wilson said of the company’s employees in a statement, adding the deal would help “unlock new opportunities on a global stage.”<\/p>\n
EA, known for popular franchises including FIFA soccer games, Madden NFL, The Sims and Battlefield, reported revenue of $7.5 billion in its most recent fiscal year.<\/p>\n
The acquisition is expected to close in early 2027 and requires approval from EA shareholders and regulatory authorities.<\/p>\n
Saudi Arabia’s PIF, which already holds a 9.9 percent stake in EA, will roll over its existing investment as part of the transaction.<\/p>\n
The deal will be financed through approximately $36 billion in equity from the consortium members and $20 billion in debt committed by JPMorgan Chase.<\/p>\n
Upon completion, EA will be delisted from the Nasdaq stock exchange and remain headquartered in Redwood City, California, under Wilson’s continued leadership.<\/p>\n
The deal marks PIF’s latest major investment in the gaming sector as Saudi Arabia seeks to diversify its economy beyond oil revenues.<\/p>\n
arp\/mlm\/bgs<\/p>\n
\u00a9 Agence France-Presse<\/p>\n","protected":false},"excerpt":{"rendered":"
Video game giant Electronic Arts announced Monday it would be acquired by a consortium led by Saudi Arabia’s Public Investment Fund for $55 billion, in what EA said would be the largest all-cash private equity buyout in history. The consortium also includes US investment firms Silver Lake and Affinity Partners, the Miami-based firm founded by […]<\/p>\n","protected":false},"author":3,"featured_media":11767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","override":[{"template":"7","parallax":"1","fullscreen":"1","layout":"left-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"topbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"1","show_post_related":"0","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"jnews_post_split":{"post_split":[{"template":"1","tag":"h2","numbering":"asc","mode":"normal","first":"0","enable_toc":"0","toc_type":"normal"}]},"footnotes":""},"categories":[196],"tags":[1229,1048,1950,517,144],"class_list":["post-11766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-economy","tag-games","tag-merger","tag-securities","tag-tech","tag-us-en"],"_links":{"self":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/posts\/11766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/comments?post=11766"}],"version-history":[{"count":0,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/posts\/11766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/media\/11767"}],"wp:attachment":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/media?parent=11766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/categories?post=11766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/tags?post=11766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}