Less than a year after its announcement, the EA acquisition has closed, making the massive video game company a private one.
Saudi PIF closed its $55B acquisition of Electronic Arts, becoming the largest leveraged buyout in history. The new ownership structure leaves EA with substantial debt and unclear strategic direction, potentially reshaping entertainment M&A norms.
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The move has given the PIF 93.4% of EA. The firms Silver Lake (5.5%) and Affinity Partners (1.1%) own the rest of the company.
Pulasthi Ariyasinghe
Neowin
@LoneWolfSL ·
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Electronic Arts has officially transitioned into a private company following a $55 billion acquisition led by Saudi Arabia's…
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A PIF-led consortium has completed its acquisition of Electronic Arts, advancing Saudi Arabia's gaming strategy and Vision 2030…
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