BBC News·4 min read·medium

Saudi-led group completes $55bn purchase of gaming giant EA

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Saudi-led group completes $55bn purchase of gaming giant EA
AI Summary

A group of investors, including Saudi Arabia's Public Investment Fund and Jared Kushner's Affinity Partners, has finalized a $55 billion buyout of gaming giant Electronic Arts. The company will now be taken private, raising concerns among analysts and fans regarding potential layoffs and management changes.

Image source, Electronic Arts Image caption, EA's football titles - from Fifa to EA FC - have sold over 325 million copies since the first release in 1993

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