Electronic Arts (EA), the powerhouse behind global gaming titles such as Battlefield, The Sims, and Madden NFL, is set to be acquired in a record-shattering $55 billion (£41.2 billion) deal.
The deal, announced on 29 September, is led by Saudi Arabia's Public Investment Fund (PIF), private equity firm Silver Lake, and Jared Kushner's Miami-based investment company Affinity Partners. If approved, it will become the largest leveraged buyout in history, surpassing the $32 billion (£24 billion) TXU Energy deal of 2007, Reuters reported.
