Saudi Arabia’s sovereign wealth fund and a pair of private equity firms will pay $84 billion for the maker of EA Sports FC and The Sims.
In what could become the largest-ever buyout funded by private equity, video game maker Electronic Arts has agreed to be acquired in a deal valued at $55 billion.
The private equity firm Silver Lake Partners, Saudi Arabia’s sovereign wealth fund PIF, and Affinity Partners will pay EA’s stockholders $210 per share.
President Donald Trump’s son-in-law, Saudi Arabia’s government and other backers are closing in on a $55 billion deal to purchase the video game company responsible for developing and publishing ...
President Trump's son-in-law and Saudi Arabia are backing a deal to buy the video game company EA. Can gamers still play? What games does EA make?
This morning's announcement that EA plans to sell itself to a consortium of private equity firms is one of the biggest business stories of the year. The $55 billion deal is the largest leveraged ...
The private equity takeover of Electronic Arts could improve the video game giant's mobile revenue, trigger a wave of renegotiations for licensed deals with the new buyers, and boost political soft ...
Electronic Arts, the maker of EA Sports FC and The Sims, is selling amid sluggish growth for the $178 billion video game industry, after sales swelled during the pandemic lockdowns.
The Sims and Battlefield maker is selling amid sluggish growth after sales swelled during the pandemic lockdowns. Read more at straitstimes.com. Read more at straitstimes.com.
Landmark gaming deal marks PIF’s biggest global tech play amid GCC digital ambitions ...
Electronic Arts (NASDAQ: EA) surged past its 52-week high on Monday after announcing it is being acquired in a $55 billion ...
Adventure Awaits is the latest The Sims 4 Expansion Pack from developer Maxis, introducing new features, ample skills and activities, as well as new interactions for the whole family.
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