
An investor consortium led by Saudi Arabia’s Public Investment Fund (PIF) has secured a $55 billion deal to acquire Electronic Arts (EA), known for hits like Battlefield and Apex Legends. The all-cash transaction includes a premium for shareholders and aims to bolster innovation and growth within the gaming sector. While EA will maintain its leadership [...]
source https://funfect.games/saudi-arabia-is-taking-ea-private-alongside-other-investors/
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