Electronic Arts announced the completion of its acquisition by a consortium comprising Saudi Arabia's Public Investment Fund, private equity firm Silver Lake, and Affinity Partners, the investment firm led by Jared Kushner. The deal, valued at $55 billion, closed on Tuesday, according to CNBC.
EA shareholders received $210 in cash per share. The company's stock has ceased trading and has been delisted from Nasdaq, EA said.
The consortium's agreement to acquire the Redwood City, California-based video game maker was first announced on September 29, 2025, and EA stockholders approved the deal at a special meeting on December 22, 2025.
Andrew Wilson, chairman and CEO of Electronic Arts, said in a statement that the company would "invest boldly, accelerate innovation, and build the next generation of games and experiences" with its new partners.
Turqi Alnowaiser, deputy governor and head of international investments at PIF, noted that the fund had been a minority investor in EA for more than five years. "Entertainment and sports are key areas of strategic focus for PIF, and are among the fastest growing and evolving sectors around the world," he said in a statement.
#electronic #arts #announced #deal
EA shareholders received $210 in cash per share. The company's stock has ceased trading and has been delisted from Nasdaq, EA said.
The consortium's agreement to acquire the Redwood City, California-based video game maker was first announced on September 29, 2025, and EA stockholders approved the deal at a special meeting on December 22, 2025.
Andrew Wilson, chairman and CEO of Electronic Arts, said in a statement that the company would "invest boldly, accelerate innovation, and build the next generation of games and experiences" with its new partners.
Turqi Alnowaiser, deputy governor and head of international investments at PIF, noted that the fund had been a minority investor in EA for more than five years. "Entertainment and sports are key areas of strategic focus for PIF, and are among the fastest growing and evolving sectors around the world," he said in a statement.
#electronic #arts #announced #deal
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