Electronic Arts: takeover bid by PIF, Silver Lake & Affinity Partners for $55bn (€46.91bn)

Electronic Arts has entered into a definitive agreement to be acquired by a consortium consisting of the Public Investment Fund (PIF, sovereign wealth fund of Saudi Arabia) and US funds Silver Lake and Affinity Partners for an enterprise value of $55bn (€46.91bn), announced the video game publisher on 29/09/2025.

• Shareholders will receive $210 (€179.12) per share, representing a 25% premium to the unaffected share price of $168.32 (€143.57) at the close of trading on 25/09/2025. PIF will retain its existing 9.9% stake in the company.
• The financing combines approximately $36bn (€30.71bn) of equity investment from the three investors and the PIF's continued ownership, with $20bn (€17.06bn) of debt financing committed by JPMorgan Chase Bank, of which $18bn (€15.35bn) is expected to be funded at closing.

"PIF, Silver Lake, and Affinity Partners bring deep sector experience, committed capital, and global portfolios with networks across gaming, entertainment, and sports that offer unique possibilities for EA to blend physical and digital experiences, enhance fan engagement, and create…