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EA expects the deal to go through in Q1 of FY27
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EA's shareholders have reportedly approved the $55 billion buyout from the group of investors led by Saudi Arabia's Public Investment Fund.
Earlier this year, it was confirmed that EA is going private following a buyout by a consortium of investors: Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners (founded by Jared Kushner, son-in-law of the current US President, Donald Trump). The Saudi Arabia PIF is expected to own a vast majority of the company, more specifically 93.4%, while Silver Lake and Affinity Partners would own 5.5% and 1.1%, respectively. EA has previously mentioned it expects the deal to close during Q1 of FY27 and has just passed its first hurdle.
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Given that the buyout will result in $20 billion being absorbed as debt for EA, many within the company are worried for its future, as one anonymous developer previously said, "We know, when the deal closes, it’s going to get worse before it gets better, if better is even possible," adding that "I’m nervous about what this means in terms of workforce once the deal is closed, as layoffs usually follow those type of acquisitions."
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Scott McCraeSocial Links NavigationContributorScott has been freelancing for over three years across a number of different gaming publications, first appearing on GamesRadar+ in 2024. He has also written for the likes of PC Gamer, Eurogamer, VG247, Play, TechRadar, and others. He's typically rambling about Metal Gear Solid, God Hand, or any other PS2-era titles that rarely (if ever) get sequels.
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EA's $55 billion buyout will reportedly see Saudi Arabia's Public Investment Fund own 93.4% of the EA Sports FC and Battlefield 6 company
EA reportedly nearing $50 billion deal to go private with money from Saudi Arabia's Public Investment fund and a private equity firm, which would "likely be the largest leveraged buyout of all time"
Battlefield 6 and Dragon Age owner EA goes private in $55 billion deal, smashing past its market value
"It's going to get worse before it gets better": $55 billion buyout has EA employees worried, and "nothing feels great" as "layoffs usually follow those type of acquisitions"
EA CEO tells employees $55 billion buyout marks "a new era of opportunity" and the company's values "remain unchanged"
After securing a $55 billion deal to acquire Battlefield 6 and EA Sports FC publisher EA, Saudi Arabia's Public Investment Fund is reportedly "unable to allocate any more money" for the time being
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