Two months ago, Electronic Arts (EA) announced that it would soon be acquired by a consortium of investors. At that time, it did not disclose the share each participant would receive as a result of the deal, but these details have become known from a recent company report to Brazil’s antitrust regulator.
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According to The Wall Street Journal, which reviewed the report, after the acquisition, EA will almost entirely be in the hands of the Saudi Arabia’s Public Investment Fund (PIF) — owning 93.4% of the company. Other investors will get much smaller shares: Silver Lake will control 5.5% of EA, and Affinity Partners will have 1.1% of EA.
Notably, PIF has long been interested in EA. Since 2020, the fund has repeatedly purchased its securities, and as of today, it holds 9.9% of the company’s shares in its portfolio. Interestingly, it has also previously invested in both Silver Lake and Affinity Partners.
The Wall Street Journal calculated that increasing the stake from 9.9% to 93.4% will cost PIF approximately $29 billion.
Previously, EA agreed with investors that the acquisition amount would exceed $55 billion: this includes $36.4 billion of the consortium’s own funds and an additional approximately $20 billion in loans. The deal is expected to close by the end of June 2026, but it first needs approval from regulators and EA’s shareholder meeting.