EA's $55 Billion Saudi Takeover Approved, Deal to Close Next Week
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Insights by Echo AI
Electronic Arts (EA), the video game company behind EA Sports FC and The Sims, has received all necessary regulatory approvals for its $55 billion acquisition by Saudi Arabia's Public Investment Fund (PIF) and a group of investors. The deal is expected to be completed on August 4.
Source coverage
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EA Says Its $55 Billion Sale To Saudi Arabia And Private Equity Will G...
EA says all regulatory approvals for its Saudi PIF acquisition ‘have b...
Saudi Arabia's Public Investment Fund and a group of investors have ga...
Laatste goedkeuring binnen voor Saoedische overname van gamegigant EA...
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