Electronic Arts (EA) will be acquired for a record $55 billion in the largest leveraged buyout in history, led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners. The deal will take the gaming giant private, with shareholders receiving $210 per share.

• The $55 billion transaction represents a 25% premium over EA’s prior share price and will be financed through $36 billion in cash, existing PIF equity (9.9% stake), and $20 billion in debt.
• The acquisition aligns with Saudi Arabia's economic diversification plans, including significant investments in gaming and sports, and complements their 2034 World Cup hosting bid.
• A $1 billion termination fee is in place for either party, and the deal is expected to close in Q1 2027, with EA remaining headquartered in Redwood City, California, and CEO Andrew Wilson continuing to lead.