EA's shareholders have reportedly approved the $55 billion buyout from the group of investors led by Saudi Arabia's Public Investment Fund.
Earlier this year, it was confirmed that EA is going private following a buyout by a consortium of investors: Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners (founded by Jared Kushner, son-in-law of the current US President, Donald Trump). The Saudi Arabia PIF is expected to own a vast majority of the company, more specifically 93.4%, while Silver Lake and Affinity Partners would own 5.5% and 1.1%, respectively. EA has previously mentioned it expects the deal to close during Q1 of FY27 and has just passed its first hurdle.
