The European Commission approved the PIF-led take-private of Electronic Arts under its Foreign Subsidies Regulation, removing one of the last hurdles to the biggest leveraged buyout ever. The European Union has cleared the $55bn takeover o

BRUSSELS, July 31 : Saudi Arabia's Public Investment Fund and a group of investors have gained EU approval for their $55 billion acquisition of video game developer Electronic…

The European Commission approved the PIF-led take-private of Electronic Arts under its Foreign Subsidies Regulation, removing one of the last hurdles to the biggest leveraged…