Gaming heavyweight Electronic Arts (EA) has been sold to an investor group led by Saudi Arabia’s Public Investment Fund (PIF), in a leveraged buyout worth $55 billion.
Under the agreement, PIF, Silver Lake, and Affinity Partners will acquire 100% of EA, with existing PIF stake being rolled over. EA shareholders will receive $210 per share, a 25% premium relative to pre-announcement trading levels.
In a statement, EA’s CEO Andrew Wilson said the move was “a powerful recognition of our teams’ work” and expressed confidence the consortium could accelerate innovation.
The transaction is expected to close in fiscal Q1 2027, pending regulatory and shareholder approvals.
This buyout is notable not just for its size — among the largest leveraged deals ever — but also for strategic import: Saudi Arabia continues its push into global entertainment and gaming sectors through PIF’s investments.