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Video game company Electronic Arts (EA) is expected to be acquired in a transaction valued at an estimated $55 billion.
The transaction is being funded by a group of investors, including Saudi Arabia’s public investment fund, Private Equity Group Silver Lake, and an investment company founded by Jared Kushner, the company said in a statement this week.
The company, which created games like Sims, Battlefield and Madden, announced its acquisition plans on Monday, September 29th. Electronic Arts shareholders are set to receive $210 per share, according to the statement.
“Electronic Arts is an extraordinary company with a world-class management team and a bold vision for the future. I admire the ability to create iconic and lasting experiences, and enjoy myself as someone who grew up playing the game and now with my kids.
The Electronic Arts board has approved the acquisition, which is scheduled to be finalized in the first quarter of 2027.
“EA’s creative and passionate team has provided extraordinary experiences to hundreds of millions of fans, building some of the world’s most iconic IPs, creating great value for our business. This moment is a strong recognition of their incredible work,” Wilson plans to continue at the helm of the company following the acquisition.
“The future for EA is bright. We will invest heavily in growing our business. We are excited to support Andrew and the EA team as the company accelerates innovation, expands its reach around the world, and continues to provide an incredible experience for players and fans across generations.”
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According to a news release, Saudi Arabia’s public investment fund already holds a 9.9% stake in the gaming company.
“PIF is uniquely located in the global gaming and esports sector, creating and supporting an ecosystem that connects fans, developers and IP creators,” said Turqi Alnowaiser, PIF’s Head of International Investment and Head of International Investment. “PIF demonstrates a strong commitment to these sectors, and this partnership will help further EA’s long-term growth.”
