Saudi PIF Consortium to Acquire Electronic Arts in $55B Deal
A consortium led by the Saudi Public Investment Fund (PIF) has agreed to acquire Electronic Arts (EA) in a deal valued at approximately 55 billion USD. The acquisition, set to close in the first quarter of 2027, will see the gaming giant delisted from the stock market.
The acquisition price of 210 USD per share represents a 25% premium over EA's current stock value. The consortium, which also includes Silver Lake and Affinity Partners, will fund the deal with 36 billion USD from existing funds and an additional 20 billion USD through borrowing. Jared Kushner, the founder and CEO of Affinity Partners, will play a significant role in the transaction.
EA's headquarters in Redwood City will remain operational, with CEO Andrew Wilson continuing to lead the company until the takeover is complete. The deal, subject to shareholder and antitrust approval, is expected to bring significant synergies through PIF's unique portfolio, including the Savvy Games Group. This acquisition promises to shape the future of entertainment by merging physical and digital experiences, leveraging popular brands like Apex Legends, FIFA Sports, Battlefield, and Codemasters racing games.
The acquisition of Electronic Arts by the PIF-led consortium, including Silver Lake and Affinity Partners, is set to reshape the gaming industry. With a focus on growth and innovation, the deal aims to create a new era of entertainment, combining physical and digital experiences. Upon completion, expected in the first quarter of 2027, EA will continue operations under CEO Andrew Wilson until the takeover is finalized.
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