#FRANCE 24 Video gamer EA to go private in largest-ever private equity buyout valued at $55 billion

Video gamer EA to go private in largest-ever private equity buyout valued at $55 billion
Electronic Arts, the maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired by an investor group including Saudi Arabia’s sovereign wealth fund in the largest private equity-funded buyout in history. The investors, who also include a firm managed by Jared Kushner, President Donald Trump’s son-in-law, and the private equity firm Silver Lake Partners, valued the deal $55 billion. Story by Luke Shrago.
#gaming #EA #tech

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