Saudi-Led Consortium Completes $55 Billion Acquisition of Electronic Arts
Electronic Arts, the maker of popular franchises like Battlefield and The Sims, has completed its acquisition by a consortium led by Saudi Arabia’s Public Investment Fund (PIF). The deal, valued at $55 billion, represents a significant strategic expansion for Saudi investment into the U.S. entertainment sector. Shareholders received $210 in cash per share following the completion of the transaction.
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Saudi Arabia's investment fund buys Electronic Arts in U.S. latest entertainment push
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Acquisition Of Electronic Arts By Saudi Arabia, Silver Lake & Affinity Partners Is Now Complete
Electronic Arts has announced that its acquisition deal is now complete, with the publishing giant now owned by a consortium that consists of the Saudi Arabia Public Investment Fund, Silver Lake, and ...
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