BUSINESSAug 5 · 22:24 UTCSEMAFORTom Chivers

Saudi fund leads buyout of video game giant EA

Saudi Arabia’s Public Investment Fund led a $55 billion buyout of Electronic Arts, partially funded with $20 billion borrowed against EA itself. The deal grants Riyadh control of major video game franchises and a strategic soccer-related soft-power asset, though the high debt burden may impact EA’s earnings.

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Saudi Arabia’s Public Investment FundorganizationElectronic ArtsorganizationSaudi Arabiaplacesoccer franchisetopic

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