Overview

• EA’s board approved a definitive agreement to be acquired by a consortium of Saudi Arabia’s Public Investment Fund, Silver Lake and Jared Kushner’s Affinity Partners.
• Stockholders are set to receive $210 in cash per share, a roughly 25% premium to EA’s unaffected closing price on September 25, 2025.
• The buyers plan to finance the transaction with about $36 billion in equity and approximately $20 billion in debt committed by JPMorgan Chase.
• PIF will roll over its existing roughly 9.9% stake, and, upon closing, EA will be delisted, remain headquartered in Redwood City, California, and keep Andrew Wilson as CEO.
• Closing is targeted for the first quarter of EA’s fiscal 2027 pending shareholder and regulatory approvals, with multiple outlets noting it would be the largest leveraged buyout on record if completed.