US EditionElectronic Arts Shareholders Approve $55bn PIF-Led Takeover
10 Articles
10 Articles
The acquisition of Electronic Arts is valued at $55 billion. Following the announcement of the sale of Electronic Arts, the deal took another important step towards its formalization, with the company's shareholder group in the United States approving the purchase by the consortium composed of the Saudi Arabian Public Investment Fund (PIF), Silver Lake, and Affinity Partners. According to Bloomberg, and as previously mentioned, the deal was appr…
In September we learned that EA was officially sold. The company would be bought in the largest cash transaction in history, by a consortium led by the Saudi Arabian Public Investment Fund or PIF, Silver Lake and Affinity Partners. At the beginning of the year there were still some fringes to be resolved, but now it already has the official approval of EA shareholders. According to Stephen Totilo, Game File, last night around 23:00 CET was appro…
EA's acquisition by Saudi-led consortium approved by shareholders
Back in September, we heard the news that EA was officially being sold. The company would be bought up in the largest cash deal in history, being purchased by a consortium led by Saudi Arabia's Public Investment Fund or PIF, Silver Lake, and Affinity Partners. This deal still had a few kinks to be ironed out earlier in the year, but now it has official approval from EA's shareholders. That's according to Game File's Stephen Totilo, who reported…
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