Saudi Arabia, EA
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On Monday, an additional Saudi-related Trump deal became public: a $1 billion Trump Plaza project in Jeddah from real estate developer Dar Global, the same company that previously launched a Jeddah Trump Tower. Jared Kushner expressed excitement about the Electronic Arts deal in a statement.
Electronic Arts, the video game giant behind “The Sims” and “Madden NFL,” announced Monday that it had agreed to be acquired by investors including Saudi Arabia’s sovereign wealth fund, Jared Kushner’s Affinity Partners and private equity firm Silver Lake. The $55 billion deal would be the largest buyout of a publicly traded company in history.
The video game company Electronic Arts is nearing a $50 billion sale to a group of investors including Silver Lake and Saudi Arabia’s Public Investment Fund, according to a report from The Wall Street Journal.