EA aquisition set to close on August 4 following approval from required regulatory bodies
Electronic Arts' $55 billion acquisition by a consortium of investors led by Saudi Arabia's Public Investment Fund is set to close on August 4, pending the satisfaction of remaining closing conditions. The European Commission has already cleared the merger, citing limited competition concerns. Despite recent layoffs within the Battlefield division, EA reported significant financial growth, with net income soaring 81.5%.
- Entities
- Company: Silver Lake Partners
- Company: Electronic Arts
- Company: Affinity Partners
- Game: Battlefield 6
- Topic: Mergers and Acquisitions
- Company: Public Investment Fund
This article was reported and published by gamesindustry.biz. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.