{
  "id": 174246,
  "title": "EA's $55 billion Saudi-led takeover is complete, with Jared Kushner's firm among its new owners",
  "url": "https://urgent.news/2026/08/05/eas-55-billion-saudi-led-takeover-is-complete-with-jared-kushners",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-05T12:03:00.000Z",
  "source": {
    "name": "TechSpot",
    "slug": "techspot",
    "url": "https://www.techspot.com/news/113360-ea-55-billion-saudi-led-takeover-complete-jared.html"
  },
  "original_language": "en",
  "account": "Electronic Arts (EA), the video game giant, has been acquired by a consortium led by Saudi Arabia's Public Investment Fund (PIF), valued at $55 billion. This consortium also includes investment firms Silver Lake and Affinity Partners, the latter founded by Jared Kushner, son-in-law of former US President Donald Trump. PIF, which already owned a 9.9% stake in EA, now holds a 93.4% share in the company and has minority stakes in Nintendo, Take-Two Interactive, and Activision Blizzard.\n\nThe deal was confirmed to be complete, with the PIF having a deep understanding of EA's platform, franchises, and intellectual property. EA CEO Andrew Wilson stated that the acquisition brings long-term capital, sector expertise, and strategic support, while promising to maintain creative control and player-first values. Despite concerns over Saudi Arabia's human rights record, CFIUS has cleared the acquisition, though the findings and safeguards imposed have not been made public.\n\nThe merger has been controversial, with Democratic senators Blumenthal and Warren raising national security risks due to PIF's strategic arm role. Despite these concerns, EA has acknowledged that its track record of creative freedom and player-first values will remain intact. The deal also includes a $20 billion debt financing from JPMorgan Chase, and Andrew Wilson's compensation of $38 million for his role in the acquisition is expected to come from this funding, potentially leading to more layoffs.",
  "summary": "It was revealed back in September that EA had reached a $55 billion agreement to be acquired by the consortium. The company has now announced that the deal has successfully closed. Read Entire Article",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Rock Paper Shotgun",
        "title": "EA have gone private, as Saudi Arabia and Jared Kushner's investment groups complete their $55 billion acquisition",
        "url": "https://urgent.news/2026/08/04/ea-have-gone-private-as-saudi-arabia-and-jared-kushners-investment",
        "published": "2026-08-04T21:56:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}