Saudis, Silver Lake, Jared Kushner Take EA Private
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Electronic Arts has for years been coveted by Saudi Arabia’s sovereign wealth fund and the billionaire dealmaker Egon Durban. But it was Donald Trump’s son-in-law Jared Kushner who unlocked its $55bn takeover.
EA Games agrees to a $55 billion acquisition by Saudi Arabia’s PIF, Silver Lake, and Jared Kushner’s Affinity Partners.
Jared Kushner's Affinity Partners is also backing the transaction for the 'Battlefield' and 'Madden' game studio.
Despite no longer having an official role in the White House during his father-in-law’s second administration, Jared Kushner is increasingly becoming more entrenched in his ties to the Middle East, particularly Saudi Arabia,
Video game powerhouse Electronic Arts has struck a major deal to go private in a $55 billion acquisition backed by Saudi Arabia’s Public Investment Fund, private equity firm Silver Lake, and Jared Kushner’s Affinity Partners.