Saudi Arabia, Electronic Arts
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Electronic Arts confirmed Monday that the company was being acquired by private investors, including Saudi Arabia's Public Investment Fund, private equity fund Silver Lake, and Affinity Partners, the investment firm founded by Jared Kushner,
Jared Kushner’s private equity firm and Saudi Arabia’s sovereign wealth fund are some of the investors teaming up to take the video game giant private.
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Electronic Arts to Sell for $55 Billion in Deal Involving Donald Trump's Son-in-Law
On Monday, an additional Saudi-related Trump deal became public: a $1 billion Trump Plaza project in Jeddah from real estate developer Dar Global, the same company that previously launched a Jeddah Trump Tower. Jared Kushner expressed excitement about the Electronic Arts deal in a statement.
Videogame developer Electronic Arts has agreed to sell itself to a group of private investors in a deal that values the maker of "Battlefield" and "Madden NFL" at $55 billion, which if completed would be the largest leveraged buyout in history.
Electronic Arts confirms $55B buyout by Saudi Arabia’s PIF, Silver Lake, and Affinity Partners. What does this mean for Battlefield 6 and the future?
EA Games agrees to a $55 billion acquisition by Saudi Arabia’s PIF, Silver Lake, and Jared Kushner’s Affinity Partners. The