← US Feed

Electronic Arts Delisted from NASDAQ after PIF-Led $55 Billion Buyout Closes, Ending Its Era as a Public Company

Electronic Arts Delisted from NASDAQ after PIF-Led $55 Billion Buyout Closes, Ending Its Era as a Public Company

Source Summary

It's official: Electronic Arts is now private, purchased by a Consortium of investors led by PIF, the sovereign wealth fund of Saudi Arabia (which will control 93.4% of the company), and supported by global technology investment firm Silver Lake and Jared Kushner's Miami-based investment firm Affinity Partners. The agreement to acquire Electronic Arts was previously announced on September 29, 2025, and was approved by EA stockholders at the special meeting held on December 22, 2025. A few days ago, EA announced that it had obtained all necessary regulatory approvals to proceed with the closing. The deal valued Electronic Arts at [...]

Advertisement
Read Original Article