Electronic Arts has obtained every regulatory approval required to complete its sale. The deal closes on or around August 4, and the company that has been publicly traded for decades will become private next week, with Saudi Arabia's Public Investment Fund holding over 93% of it.
The $55 billion all-cash deal was first announced in September 2025. It's the largest leveraged buyout in corporate history, surpassing the $45 billion TXU energy deal from 2007. EA shareholders are receiving $210 per share – a 25% premium on the company's share price at the time the deal was signed. The consortium acquiring EA consists of PIF, private equity firm Silver Lake at roughly 5%, and Affinity Partners somewhere between 1% and 5%.
Affinity Partners was founded by Jared Kushner in 2021, shortly after leaving his role as senior advisor to Donald Trump. PIF invested $2 billion into Affinity following its launch.
What EA Looks Like Under New Ownership
Andrew Wilson remains as CEO. EA stays headquartered in Redwood City, California. The studios will maintain creative control, according to EA. What any of that looks like in practice, under an ownership structure where a single sovereign wealth fund controls nine-tenths of the company,...
