The Sims and Battlefield maker is selling amid sluggish growth after sales swelled during the pandemic lockdowns. Read more ...
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Video gamer Electronic Arts to be acquired for $55 billion in largest-ever private equity buyout
Electronic Arts, the video game maker, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.
In what could become the largest-ever buyout funded by private equity, video game maker Electronic Arts has agreed to be acquired in a deal valued at $55 billion.
The deal was anticipated, with leaks of discussions coming out at the end of last week in a report by The Wall Street Journal.
Saudi Arabia’s sovereign wealth fund and a pair of private equity firms will pay $84 billion for the video game maker.
Six law firms called in for video game maker's acquisition by a consortium that includes Silver Lake and Saudi Arabia's PIF, ...
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