Electronic Arts Nears Roughly $50 Billion Deal To Go Private

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According to the Wall Street Journal, the videogame giant Electronic Arts is nearing a $50 billion deal to go private. A group of investors, including private-equity firms Silver Lake and Saudi Arabia’s Public Investment Fund, may announce a deal for Electronic Arts as soon as next week. The report says it “would likely be the largest leveraged buyout of all time.”

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Electronic Arts Nears Roughly $50 Billion Deal To Go Private


According to the Wall Street Journal, the videogame giant Electronic Arts is nearing a $50 billion deal to go private. A group of investors, including private-equity firms Silver Lake and Saudi Arabia’s Public Investment Fund, may announce a deal for Electronic Arts as soon as next week. The report says it “would likely be the largest leveraged buyout of all time.”

Developing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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