PIF-Led Consortium Proposes $55 Billion Take-Private Deal for Electronic Arts

Saudi Arabia’s Public Investment Fund (PIF) is positioned to acquire a controlling 93.4% stake in Electronic Arts (EA) as part of a proposed $55 billion take-private transaction. The bid, submitted jointly with Silver Lake and Affinity Partners, would see Silver Lake obtain a 5.5% stake and Affinity Partners hold 1.1% upon completion.

According to the financial terms disclosed, the investor group plans to provide $36.4 billion in cash, supplemented by $20 billion in debt financing secured through J.P. Morgan Chase. The deal remains subject to regulatory review and approval across multiple jurisdictions.

If approved, the transaction would result in EA becoming a privately held company, leading to its removal from public stock exchanges. EA has stated that it will retain full creative control over its game development operations under the new ownership structure. The company has also assured employees that the acquisition will not result in immediate job reductions.

Regulatory decisions are expected to determine the timeline for closing the deal.