Saudi Arabia's $55 billion takeover of Electronic Arts will happen next week
Saudi Arabia's Public Investment Fund is set to complete its $55 billion takeover of Electronic Arts next week, with all regulatory approvals secured. This acquisition, which will take EA private, has raised concerns among content creators and former employees regarding potential shifts in game content and the company's values. The deal, the largest leveraged buyout in history, will saddle EA with significant debt, potentially leading to cost-cutting measures focused on its most profitable franchises like Battlefield and EA Sports FC.
PC Gamer
- Entities
- Electronic Arts
- Microsoft
- Joshua Kushner
- EA Sports FC 24
- Affinity Partners
- Mohammed bin Salman
- Activision Blizzard
- The Sims 4
- BioWare
- Mergers and Acquisitions
- Battlefield
- Donald Trump
- Andrew Ferguson
- Public Investment Fund
Original source
This article was reported and published by PC Gamer. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.