Overview
- EA agreed to an all-cash sale valuing the company at about $55 billion, paying shareholders $210 per share in what reports describe as the largest leveraged buyout on record.
- The consortium comprises Saudi Arabia’s Public Investment Fund, Silver Lake, and Jared Kushner’s Affinity Partners, with PIF rolling over its roughly 9.9% EA stake.
- Financing includes approximately $36 billion of equity from the buyers and $20 billion in debt fully committed by JPMorgan Chase, with $18 billion expected to fund at closing.
- EA’s board approved the deal, which is slated to close in the first quarter of fiscal 2027, subject to a shareholder vote and customary regulatory reviews.
- Post-close, EA will be delisted, remain headquartered in Redwood City, California, and continue under CEO Andrew Wilson.