Saudi-led group finalises $55 billion purchase of gaming giant EA
The $55 billion (£41 billion) acquisition of Electronic Arts has been finalised by a consortium of investors, including Saudi Arabia's Public Investment Fund (PIF) and Affinity Partners. The deal takes the American gaming company, known for titles like EA FC and The Sims, private, meaning its shares will no longer trade on a stock exchange. The acquisition is considered the largest leveraged buyout in history.
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