
EU Clears Saudi Arabia's $55B EA Acquisition, Paving Way for Record Buyout
The European Commission has officially approved Saudi Arabia's Public Investment Fund (PIF) $55 billion leveraged buyout of Electronic Arts, concluding that the deal does not "raise competition concerns." The acquisition, which also involves private equity firm Silver Lake and Affinity Partners (an investment firm founded by Jared Kushner), is now one significant step closer to completion after clearing one of its most important regulatory hurdles.


