Video game maker EA bought by Saudi-led group for bn National

Video game maker EA bought by Saudi-led group for $55bn

Electronic Arts, the maker of video games such as The Sims, Madden NFL and Battlefield, has been bought by Saudi Arabia’s wealth fund and a group of investors for $55bn (£41bn). The company announced the completion of the deal on Tuesday evening, only days after the EU gave its approval, the final regulatory green light […]

Saudi PIF’s bn EA Acquisition Secures EU Antitrust Approval Finance

Saudi PIF’s $55bn EA Acquisition Secures EU Antitrust Approval

Saudi PIF’s $55 Billion Digital Arts Deal Wins EU Antitrust Approval Evaluate of the Acquisition and Regulatory Approval Main points of the Acquisition BRUSSELS, July 23 (Reuters) – A gaggle of buyers together with Saudi Arabia’s Public Funding Fund has secured EU antitrust popularity of its $55 billion acquisition of online game developer Digital Arts, […]