The Sims and Battlefield maker is selling amid sluggish growth after sales swelled during the pandemic lockdowns. Read more ...
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Games maker Electronic Arts agrees $55bn leveraged buyout
Gaming giant Electronic Arts (EA) agreed to sell itself to a group of private investors in a deal that values the company at about $55bn (€ 47bn), marking the largest leveraged buyout on record. The ...
Electronic Arts, the maker of EA Sports FC and The Sims, is selling amid sluggish growth for the video game industry.
The video-game maker is selling to a consortium that includes Saudi Arabia’s Public Investment Fund, and a fund founded by US President Donald Trump’s son-in-law Read more at The Business Times.
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