EA expect their $55 billion sale to Saudi Arabia and private equity firms to close next week, with "all regulatory approvals required" in place
Electronic Arts expects its $55 billion sale to Saudi Arabia, Silver Lake, and Affinity Partners to close next week, with all required regulatory approvals in place. CEO Andrew Wilson is expected to remain in his position. Concerns have been raised by unions and lawmakers regarding transparency, worker rights, and the human rights record of Saudi Arabia.
- Entities
- Company: Electronic Arts
- Person: Joshua Kushner
- Company: Saudi Arabia
- Company: Affinity Partners
- Topic: Private Equity
- Company: Silver Lake
- Topic: Human Rights
- Topic: Mergers and Acquisitions
- Person: Andrew Wilson
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