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1h ago

EA to Go Private in $55 Billion Deal Led by Silver Lake, Affinity Partners and Saudi PIF

The take-private is funded by $36 billion from the buyers plus roughly $20 billion of JPMorgan debt.

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Overview

  • Electronic Arts agreed to be acquired by an investor consortium for $55 billion, with closing targeted for the first quarter of 2027 and the company exiting public markets.
  • The buyer group comprises Silver Lake, Affinity Partners founded by Jared Kushner, and Saudi Arabia’s Public Investment Fund.
  • Existing shareholders are slated to receive $210 in cash per share under the terms of the agreement.
  • EA said Andrew Wilson will remain chief executive and the company will keep its headquarters in Redwood City, California.
  • The financing plan includes about $36 billion in cash from the consortium and approximately $20 billion in debt committed by JPMorgan, which 36Kr reports includes $18 billion available at closing.