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Video game maker EA bought by Saudi-led group for $55bn

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Company acquired in deal involving Affinity Partners, a firm run by Donald Trump’s son-in-law Jared KushnerElectronic Arts, the maker of video games such as The Sims, Madden NFL and Battlefield, has been bought by Saudi Arabia’s wealth fund and a group of investors for $55bn (£41bn).The company announced the completion of the deal on Tuesday evening, only days after the EU gave its approval, the final regulatory green light needed.

Company acquired in deal involving Affinity Partners, a firm run by Donald Trump’s son-in-law Jared Kushner

Electronic Arts, the maker of video games such as The Sims, Madden NFL and Battlefield, has been bought by Saudi Arabia’s wealth fund and a group of investors for $55bn (£41bn).

The company announced the completion of the deal on Tuesday evening, only days after the EU gave its approval, the final regulatory green light needed.

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EA (ORG) Saudi (ORG) Affinity Partners (ORG) Donald Trump’s (PERSON) Jared KushnerElectronic Arts (ORG) Sims (ORG) Madden NFL (PERSON) Battlefield (LOCATION) Saudi Arabia’s (LOCATION) EU (ORG)
Originally published by The Guardian Tech Read original →