The Rio Times
The Rio Times
Americas · 2 mins ago

Saudi-led group completes $55 billion buyout of gaming giant Electronic Arts

Saudi Arabia · DEALS Key Facts —Deal value: The consortium paid $55 billion all-cash for Electronic Arts, making it the largest leveraged buyout in history. —Buyer consortium: Saudi Arabia’s Public Investment Fund, US private equity firm Silver Lake, and Jared Kushner’s Affinity Partners led the acquisition. —Ownership split: PIF controls roughly 93.4% of EA post-closing,…
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