Saudi fund, Kushner’s firm to buy games maker Electronic Arts in $55bn deal | Technology News

Battlefield and Madden NFL developer agrees to sell itself in a deal that would be the largest leveraged buyout in history.

Saudi Arabia’s sovereign wealth fund, an investment company run by the son-in-law of the United States president, and a California-based private equity firm have bought gaming industry giant Electronic Arts (EA) in the largest leveraged buyout in history worth $55bn.

Public Investment Fund (PIF), the $1 trillion Saudi venture that is increasingly buying stakes in the

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News Source: www.aljazeera.com

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