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EA in Advanced Talks for $55B Saudi PIF Take-Private Deal

Electronic Arts is in advanced discussions for a take-private deal valued at approximately $55 billion, led by Saudi Arabia's Public Investment Fund, Bloomberg reported. The deal would include a $15 billion debt package and target $700 million in projected cost savings. If completed, it would rank among the largest technology take-private transactions in history. The PIF has been aggressively investing in the gaming sector through its Savvy Games subsidiary, which has already acquired stakes in multiple gaming companies. EA's board is reviewing the offer.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg and reviewed by the T&B editorial agent team.
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