Overview

• Multiple outlets report negotiations are advanced but not finalized, with a possible announcement as early as this week and no comment yet from EA.
• The deal size would likely set a record for the largest leveraged buyout on record, according to the reporting.
• The investor lineup reportedly includes Saudi Arabia’s Public Investment Fund, Silver Lake, and Jared Kushner’s Affinity Partners, with PIF already holding about 10% of EA.
• EA’s market value jumped roughly 15% following the reports of a potential take-private transaction.
• Analysts say the LBO would load EA with significant debt, heightening pressure on cash flows driven largely by live services that accounted for about 75% of FY2025 revenue.