Posts about "Public Investment Fund"

In a landmark deal, Electronic Arts (EA) will be sold to a consortium led by Saudi Arabia's Public Investment Fund for 5 billion. This acquisition marks the largest leveraged buyout in history and will take the gaming giant private. The transaction emphasizes the increasing influence of Middle Eastern investment in global tech and entertainment sectors.

Electronic Arts, the gaming powerhouse renowned for titles like FIFA and The Sims, is reportedly on the verge of a 0 billion acquisition. Investors such as Silver Lake and Saudi Arabia's Public Investment Fund are named as potential buyers, promising to reshape the dynamics of the global gaming industry.