The wait is almost over for Electronic Arts (EA) as the company's highly anticipated $55 billion sale to Saudi Arabia and private equity firms is expected to close next week. Following the European Commission's approval, all regulatory approvals required for the deal are now in place, paving the way for the gaming giant to be taken private.

This monumental sale will see Saudi Arabia, Silver Lake, and Jared Kushner-founded investment firm Affinity Partners become the new owners of EA, marking a significant shift in the company's ownership structure. As the deal nears completion, gamers and investors alike are eager to see how this change will impact EA's future operations and game development.

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  • The $55 billion sale is one of the largest leveraged buyouts in recent history, underscoring the significant interest in the gaming industry.
  • Saudi Arabia's involvement in the deal marks a notable expansion of the country's investments in the gaming sector.
  • The change in ownership is expected to have far-reaching implications for EA's game development, publishing, and esports operations.
  • The deal's completion will likely lead to increased speculation about potential changes to EA's leadership and organizational structure.

Source: Rock Paper Shotgun