US EditionVideogame 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.
78 Articles
78 Articles
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...
Video game giant EA in talks to go private in blockbuster $50 billion buyout
Sources told The Wall Street Journal that Electronic Arts is in advanced talks to go private through a $50 billion leveraged buyout. If finalized, the deal – expected to be announced as soon as next week – would be the largest transaction of its kind on record.Read Entire Article
Electronic Arts nears takeover by Silver Lake, PIF
Video game maker Electronic Arts Inc. is in talks to be taken private by a consortium led by Silver Lake Management, Saudi Arabia’s Public Investment Fund and Jared Kushner’s Affinity Partners, according to people familiar with the matter.
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