Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Business · 5 August 2026

Saudi-led group finalises $55 billion purchase of gaming giant EA

Saudi-led group finalises $55 billion purchase of gaming giant EA

Eliot Lash via Wikimedia Commons (CC BY-SA 4.0)

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.

Reported by BBC · How we write briefs

Get the app

More briefs

BusinessLondon's top shares reach a seven-week high as investors buy safer British businesses BusinessThames Water needs £2.4B more to avoid government takeover BusinessBritish pound rises against the dollar after the UK economy unexpectedly grows TechnologyFTC Subpoenas OpenAI and Anthropic Over AI Safety WorldUkraine Passes Parcel Tax Bill to Unlock IMF and EU Aid PoliticsBulgarian PM Backs Trump-Putin Diesel Deal at EU Summit More business stories → Browse all stories →