Overview
- Shareholders voted overwhelmingly to approve the sale, with about 201 million votes for and 1.9 million against, according to an SEC filing.
- The deal values EA at $55 billion, pays $210 per share, and is described as the largest leveraged buyout to date.
- If approved by regulators, Saudi Arabia’s Public Investment Fund would own roughly 93.4% of EA, with minority stakes held by Silver Lake and Affinity Partners.
- The transaction now faces government and competition reviews following objections from U.S. senators, Canada’s CWA union, and human-rights groups citing security, influence, and labor concerns.
- Financing reportedly includes around $20 billion of debt to be carried by EA, and the parties have guided to a potential close by the first quarter of FY27, subject to approvals.