Electronic Arts

Saudi wealth fund weighs merging EA with Savvy Games

Saudi Arabia's Public Investment Fund is considering combining Electronic Arts with Savvy Games Group to create one of the world's largest gaming companies, Bloomberg reported on Thursday. The potential merger would unite major franchises including Madden NFL, Battlefield, The Sims,…

Savvy Games Group CEO Brian Ward steps down

Brian Ward, the chief executive officer of Saudi Arabia's Savvy Games Group, is stepping down from the role he has held since the company's formation in 2021, according to an internal message to staff reviewed by Bloomberg News.

MBS arrives in Paris as Saudi gaming ambitions take center stage

Electronic Arts is now owned by Saudi Arabia's Public Investment Fund after a consortium completed a $55 billion takeover of the gaming giant earlier this month, the largest leveraged buyout in history. The deal, which closed on August 4, places…

Saudi-led group completes $55B takeover of EA

Electronic Arts, one of the world's largest video game publishers, is now a private company after a $55 billion acquisition by a consortium led by Saudi Arabia's Public Investment Fund closed on August 4, 2026. The deal, the largest leveraged…

EA set to go private in record $55B Saudi-led buyout

Electronic Arts is set to complete the largest leveraged buyout in history on August 4, ending the video game publisher's 35-year run as a publicly traded company. The $55 billion all-cash deal, led by Saudi Arabia's Public Investment Fund, will…

Saudi Arabia’s $55B takeover of EA clears final hurdles, set to close Aug. 4

Electronic Arts confirmed on Wednesday that all regulatory approvals required to complete its $55 billion takeover by Saudi Arabia's Public Investment Fund have been obtained, with the deal expected to close on or about August 4, 2026.

EU approves Saudi PIF-led $55 billion EA takeover

The European Commission on Thursday granted antitrust approval for the $55 billion acquisition of Electronic Arts by a consortium led by Saudi Arabia's Public Investment Fund, clearing one of two regulatory hurdles the deal faces in Europe.

Saudi fund poised to win EU approval for $55B EA deal

A consortium of investors led by Saudi Arabia's Public Investment Fund is poised to secure European Union approval for its $55 billion acquisition of Electronic Arts, removing one of the final regulatory hurdles for the largest leveraged buyout in history.