Overview
- The consortium will pay $210 per share, valuing EA at about $55 billion and representing a 25% premium to Thursday’s close.
- Saudi Arabia’s Public Investment Fund remains a 9.9% minority holder while Silver Lake and Affinity Partners, founded by Jared Kushner, purchase the remaining shares.
- Buyers plan to fund roughly $36 billion in cash, including a $20 billion loan fully underwritten by JPMorgan Chase.
- The companies expect to close in EA’s fiscal first quarter between April and June pending regulatory approval, after which EA will be delisted.
- EA’s franchises include EA Sports FC, Madden, NHL, UFC, F1 and The Sims, with The Sims 4 reaching 85 million players as of May 2024.