Overview
- The investor consortium led by Saudi Arabia’s Public Investment Fund closed the acquisition on Tuesday, August 4, 2026, paying $210 per share and leaving PIF with about a 93.4% stake while Silver Lake and Affinity Partners hold minority positions.
- The transaction values EA at $55 billion and was financed with about $36 billion of equity and roughly $20 billion of debt provided by J.P. Morgan, making it the largest leveraged buyout in gaming history.
- EA has been delisted from NASDAQ, CEO Andrew Wilson will remain in place, and the company has publicly pledged to preserve creative control and continue operating from its Redwood City headquarters.
- EA’s final public filings show live-service revenue drove results, with about $1.47 billion in live-service sales for the quarter even as the company reported $1.35 billion in net bookings that missed analysts’ estimates and noted post-launch engagement declines for Battlefield 6.
- Developers, unions, rights groups and some U.S. lawmakers have warned the new ownership and heavy leverage could lead to layoffs, reduced transparency, increased monetization of franchises, and potential political or content influence tied to PIF’s ties to the Saudi state.