Videogame Giant Electronic Arts Near Roughly $50 Billion Deal to Go Private, WSJ Reports
The $50 billion leveraged buyout would be the largest ever, led by Saudi Arabia's Public Investment Fund and Silver Lake amid industry consolidation and market concerns.
- Electronic Arts, Inc., a California-based video game publisher, is nearing a $50 billion deal to go private, according to reports.
- Investors including Silver Lake, the Public Investment Fund of Saudi Arabia, and Affinity Partners are reportedly involved in a potential leveraged buyout after several months of negotiations.
- EA's valuation rose nearly 15% to about $48 billion after initial buyout news, driven by franchises like Madden, Battlefield, and The Sims.
- The Wall Street Journal called this move "likely the largest leveraged buyout ever," surpassing the $31.8 billion 2007 TXU buyout, without inflation adjustment.
- If completed, the deal would mark a major shift for EA and expand Saudi Arabia's deep gaming industry ties amid criticism over 'sportswashing' practices.
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channelnews : EA Buyout Talks Signal Shifts in Gaming Industry
game giant Electronic Arts (EA) is reportedly in advanced talks to be taken private in a deal that could top US$50 billion (A$76.5 billion), making it potentially the largest leveraged buyout in history. A consortium including private equity firm Silver Lake, Saudi Arabia’s Public Investment Fund (which already owns a 10% stake in EA) and...
Electronic Arts explores going private with major $50B buyout deal from investor group | The New York Ledger
Computer game maker Electronic Arts– understood for The Sims, Maddel NFL, Plants vs. Zombies and more– might be going personal quickly with an assessment of approximately $50 billion. The possible offer, initially reported by The Wall Street Journal, would mark the biggest ever leveraged buyout in history. A group of financiers consisting of personal equity company Silver Lake, Saudi Arabia’s Public Mutual fund and Jared Kushner’s Affinity Partn…
Electronic Arts explores going private with major $50B buyout deal from investor group
Video game maker Electronic Arts – known for The Sims, Maddel NFL, Plants vs. Zombies and more – could be going private soon with a valuation of roughly $50 million.The possible deal, first reported by The Wall Street Journal, would mark the largest ever leveraged buyout in history. A group of investors including private equity firm Silver Lake, Saudi Arabia's Public Investment Fund and Jared Kushner's Affinity Partners could unveil a deal for t…
EA buyout talk highlights video game struggles as growth slows
(Bloomberg) — News that a consortium of investors plans to take video-game publisher Electronic Arts Inc. private highlights the state of affairs in the broader gaming industry, which has struggled in recent years to find new avenues of growth.A group including Silver Lake Management and Saudi Arabia’s Public Investment Fund, which already owns 10% of Electronic Arts, is said to be in talks to acquire the company in what could amount to one of t…
Electronic Arts, one of the largest and most influential video games editors in the world, may be ready to be acquired by an astronomical verb. This business, estimated at $50 billion, may...
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