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Operation Sports
Operation Sports
Christian Smith

EA’s $55B Deal Would Leave Saudi Arabia in Near-Total Control, Filing Shows

Electronic Arts’ pending $55 billion buyout is already one of the most talked-about deals in gaming history. And now, a new report suggests just how concentrated ownership can become if the acquisition goes through. According to a Wall Street Journal summary of documents filed with a Brazilian antitrust regulator, Saudi Arabia’s Public Investment Fund (PIF) is positioned to hold 93.4% of EA once the deal closes, with Silver Lake Partners taking 5.5% and Jared Kushner-run Affinity Partners holding the remaining 1.1% (h/t LA Times).

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