Saudi Consortium Secures EU Approval for $55B EA Acquisition

EU grants final regulatory clearance for PIF-led consortium to acquire Electronic Arts for $55B, marking the largest all-cash privatization in history.

Woofun AI reports that the European Commission has approved the acquisition of Electronic Arts by a consortium led by the Public Investment Fund, Silver Lake, and Affinity Partners. The deal, valued at $55 billion, represents the largest all-cash privatization in history. EA confirmed receipt of all necessary regulatory approvals as of July 30th, with the transaction expected to close on August 4th. The investor group is primarily backed by Saudi capital, with Affinity Partners linked to Jared Kushner and significant funding from the Saudi side.