Saudi Consortium Acquires EA in $55 Billion Deal

3 Min Read
  • Electronic Arts acquisition headlines a $55 billion Saudi-led buyout.

  • The deal will take the gaming giant private under new ownership.

  • Approval from regulators and shareholders is still pending.

Electronic Arts acquisition headlines the biggest all-cash buyout in history after a Saudi-led consortium agreed to buy EA for $55 billion.

ALSO READ: http://Saudi Group Buys Electronic Arts for $55 Billion

The move was announced Monday and will reshape the business side of one of the world’s largest game makers.

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

EA, maker of FIFA, Madden NFL, The Sims and Battlefield, reported $7.5 billion in revenue in its most recent fiscal year.

The consortium is led by Saudi Arabia’s Public Investment Fund and includes US firms Silver Lake and Affinity Partners, the Miami-based firm founded by Jared Kushner.

Saudi PIF already owns a 9.9 percent stake in EA and will roll that investment into the new ownership.

“This moment is a powerful recognition of their remarkable work,”

Saudi Group Buys Electronic Arts for $55 Billion

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.”

The company said the purchase will be paid in cash and financed by roughly $36 billion in equity from the buyers plus about $20 billion in debt underwritten by JPMorgan Chase.

The deal must still clear votes from EA shareholders and win regulatory approval, with the transaction expected to close in early 2026 if those hurdles are met.

Once complete, EA will be taken off the Nasdaq and will remain headquartered in Redwood City, California, with Wilson staying on as CEO.

For Saudi Arabia’s PIF, the acquisition is another step in a wider push into entertainment and gaming as it looks to diversify beyond oil.

For EA, the buyout could bring fresh capital and new strategic direction, though the deal also raises questions about global regulation and how major franchises like FIFA and Madden will be managed under private ownership.

Investors and industry watchers will be watching the shareholder vote and any regulatory reviews closely.

Meanwhile, EA’s teams and players can expect continuity in leadership, even as ownership shifts behind the scenes.

 

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:
Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *