Overview
- EA signed a definitive agreement to be acquired for $210 per share in cash, valuing the company at about $55 billion and taking it private.
- The buyer group comprises Saudi Arabia’s Public Investment Fund, Silver Lake, and Jared Kushner’s Affinity Partners, with PIF rolling over its roughly 9.9% stake.
- Financing includes approximately $36 billion in equity from the consortium and $20 billion in debt committed by JPMorgan, with $18 billion expected to fund at close.
- Closing is targeted for the first quarter of EA’s fiscal 2027, subject to shareholder and regulatory approvals, after which EA will be delisted.
- CEO Andrew Wilson will remain in place and EA will stay headquartered in Redwood City, as the record leveraged buyout draws scrutiny over Saudi involvement.