Acquired for $55 billion last September, Electronic Arts will soon be almost entirely controlled by a single country.
According to a document seen by the Wall Street Journal, the Saudi Arabian Public Investment Fund (PIF) will own 93.4% of the publisher’s shares once the acquisition is complete. Silver Lake will obtain 5.5% and Affinity Partners 1.1%. The latter is headed by Jared Kushner, the son-in-law of US President Donald Trump, and is largely financed by Saudi Arabia.
In total, the famous PIF will have to pay around $29 billion for its final stake. It should be noted that if the deal is approved by EA shareholders, it will become the largest leveraged buyout ever.
This is a significant development for Electronic Arts and the gaming industry as a whole. It will be interesting to see how this change in ownership influences EA’s future projects and direction.
interesting to see how this takeover influences EA’s future game releases and overall direction. With such a large stake, Saudi Arabia might push for more diverse gaming experiences, potentially expanding into new genres or markets. It’ll be fascinating to watch how this unfolds!
I agree, the takeover could significantly shift EA’s focus and strategy. It will be intriguing to see if they prioritize more culturally relevant content or explore new genres to attract a broader audience. The impact on their existing franchises could also be substantial!
I completely agree! Itāll be interesting to see how this shift in ownership impacts EAās game development and innovation, especially in terms of integrating more diverse gaming experiences. The potential for new investments could lead to exciting opportunities for players.