EA nearing $50 billion leveraged buyout deal

Electronic Arts finally found a buyer who should be careful. According to Wall Street Journal A group of private investors, including the Liver -Liver and the Saudi State Investment Fund, builds a ransom for $ 50 to withdraw the developer/publisher Madden NFL, SIMS, Battlefield and the Mass Effect series with the public stock market.

Sources familiar with the transaction told the magazine that the transaction may be announced next week. EA shares increased by 14 percent to 193 dollars per share shortly after the revelation was made public. As noted in the journal, a ransom with a borrowed agent of 50 billion dollars will be the largest transaction in its kind over all time.

Acquisition will follow in two years Mass dismissals And Closing the studio It seemed caused Insufficient performance from EA Sports FC 25 And Dragon Age: VulgardField

Rumors that another company acquires EA Last circle in 2022The field in 2023 PIF increased its investments in EA to about 25 million shares, and then about 9.4 percent of the publisher from California. Since then, he has expanded his investments into a number of developers and publishers of video games and candid acquired publishers for free in the same year.

Saudi PIF-state organization chaired by the Crown Prince

Connected:High-End Come-Hearheld Microsoft in the United States will cost $ 999 in the United States.

The developers criticized the growing PIF investment in the video game industry for the role of the organization supported by the state under the head of the Crown Prince Mohammad Bin Salman al-Soudo (MBS).

The Saudi Arabia government was criticized for its bad report on human rights, especially in its constant repression of the rights of women and members of the LGBT community. The government was also accused of torture and the murder of activists and dissidents, and the Crown Prince himself was involved in Having ordered the murder Washington observer post Jamal Khashoggi.

The game developer turned to EA for comment and release the answer when this story is updated.

Leave a Comment