Saudi Arabia's PIF Set to Secure EU Approval for $55 Billion Acquisition of Electronic Arts
A consortium led by Saudi Arabia's Public Investment Fund (PIF), along with Affinity Partners and Silver Lake, is expected to gain European Union approval for its $55 billion acquisition of video game developer Electronic Arts. The deal will be cleared under EU subsidy rules after a preliminary review ends on July 30.
Tickers: $EA
Topics: Electronic Arts EU Regulation Foreign Subsidies Saudi PIF