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EA Taken Private in $55B Saudi-Backed Buyout

Electronic Arts officially completes the largest leveraged buyout in history, going private under majority ownership by Saudi Arabia's PIF alongside Silver Lake and Jared Kushner's Affinity Partners, sparking concerns over layoffs and human rights.

1. EA Goes Private in $55 Billion Saudi-Backed Buyout, Fueling Fears of Mass Layoffs

   Electronic Arts has officially completed its $55 billion leveraged buyout by Saudi Arabia's Public Investment Fund, Silver Lake, and Jared Kushner's Affinity Partners. The deal, which loads EA with $18 billion in debt, has sparked widespread fears of mass layoffs as the publisher looks to cut $700 million in annual costs.

2. EA Now Officially Owned by Saudi Arabia's PIF, Silver Lake and Jared Kushner's Affinity Partners After $55 Billion Deal Closes

   Electronic Arts has gone private in the largest leveraged buyout in history, with Saudi Arabia's Public Investment Fund taking a 93-94% stake alongside Silver Lake and Jared Kushner's Affinity Partners, raising concerns over layoffs, creative direction and human rights.