Saudi Arabia's PIF Facilitates $55 Billion Takeover of Electronic Arts
TL;DR Summary
Electronic Arts is set to be taken private in a $55 billion deal led by Saudi Arabia's Public Investment Fund, Silver Lake Partners, and Affinity Partners, marking the largest leveraged buyout ever, with broader implications for global influence and economic diversification in Saudi Arabia.
Topics:business#electronic-arts#gaming-industry#leveraged-buyout#private-equity#saudi-arabia#technology
- Saudi Arabia's Public Investment Fund helping to take Electronic Arts private for $55 billion Axios
- $55 Billion Deal for Electronic Arts Is Biggest Buyout Ever The New York Times
- Kushner’s Secret Saudi Talks Paved Way for $55 Billion EA Deal Yahoo Finance
- How Jared Kushner brokered the $55bn takeover of Electronic Arts Financial Times
- How the Electronic Arts takeover plays into Saudi Arabia's bro-vestment strategy Axios
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