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Saudi PIF completes $55 billion takeover of Electronic Arts

Shareholders received $210 a share in cash, and the deal removes EA from the Nasdaq after the Saudi-led consortium bought the company.

Friday, August 7, 2026 · Written up by our desk · M&A & Deals

The Public Investment Fund of Saudi Arabia completed its $55 billion purchase of Electronic Arts, closing the transaction alongside investors including Silver Lake and Jared Kushner's Affinity Partners, according to Yahoo Finance.

The article says shareholders received $210 per share in cash, after which EA stopped trading and was taken off the Nasdaq, ending a 36-year run as a public company.

Yahoo Finance also reports that PIF already owned about 9.9% of EA before the buyout and borrowed $20 billion from JPMorgan for financing, with JPMorgan advising the consortium.

The piece adds that EA generated about $7.5 billion in revenue last fiscal year and now carries $20 billion in acquisition debt.

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