EA Set to Go Private in Exciting Deal Offering Shareholders $210 Per Share
Electronic Arts in Landmark Acquisition Deal with Saudi Arabia’s Public Investment Fund
Saudi Arabia’s PIF Leads $55 Billion Acquisition of Electronic Arts
Electronic Arts (EA), the renowned video game publisher, has announced a groundbreaking deal to be acquired by Saudi Arabia’s Public Investment Fund (PIF), along with partners Silver Lake and Affinity Partners. The all-cash transaction values the deal at an impressive $55 billion, marking one of the largest leveraged buyouts in Wall Street history. EA’s shareholders are set to receive $210 per share in cash, sending a wave of excitement through the stock market, with shares already showing significant premarket gains.
Strategic Investments and Vision for Gaming Future
PIF, which already holds a 9.9% stake in EA, will become the majority shareholder under the new ownership structure. Affinity Partners’ CEO, Jared Kushner, expressed enthusiasm for EA’s innovative approaches and its potential for growth. Highlighting EA’s ability to deliver enduring gaming experiences, Kushner stated, “I’ve admired their ability to create iconic, lasting experiences, and as someone who grew up playing their games, I couldn’t be more excited about what’s ahead.”
- EA is known for popular gaming franchises including Battlefield, The Sims, and Madden NFL.
- This acquisition underscores a bold vision for the future of gaming and entertainment.
Leadership and Strategic Transition
Andrew Wilson, CEO of EA, expressed enthusiasm about continuing his role, emphasizing the positive impact of the new partners on EA’s strategic direction. “Our new partners bring deep experience across sports, gaming, and entertainment. They are committed with conviction to EA – they believe in our people, our leadership, and the long-term vision we are now building together,” Wilson commented in a note to employees.
Timeline and Market Reactions
The deal is anticipated to conclude in the first quarter of fiscal year 2027, but there is a 45-day period open for alternative proposals. Market analysts are closely watching as Silver Lake, led by co-CEOs Egon Durban and Greg Mondre, adds this acquisition to their investment portfolio. Notably, Silver Lake has been involved in former President Trump’s efforts to bring TikTok under U.S. control.
For further details, El-Balad has reached out to Electronic Arts for additional comments and updates regarding the deal. As this is a developing story, stay tuned for more information as it becomes available.
