The EA Board of Directors has approved the acquisition of the company by a consortium that includes the Public Investment Fund of Saudi Arabia, Affinity Partners, and Silver Lake Partners. The next step will be to agree on the deal with state regulators.
Journalist Stephen Totilo confirmed:
At 2:03 PM PT, EA shareholders officially approved the sale of the company for $55 billion to a consortium led by Saudi Arabia's PIF. The deal must now be approved by state authorities.
Under the terms, current shareholders will receive $210 per share, a 25% premium to the market close price on September 25, 2025 ($168.32).
EA CEO Andrew Wilson said:
Our teams have created outstanding projects and significant value for the business. This moment is a recognition of their work. Together with our partners, we will create transformative experiences for future generations.
After the deal, PIF will receive 93.4% of EA, Silver Lake 5.5%, and Affinity 1.1%. The agreement is expected to close in the first quarter of fiscal year 2027, after which the company's shares will no longer be traded on the stock exchange. Wilson will continue to remain as CEO, and the headquarters will remain in Redwood City, California.
