Jared Kushner, standing with wife Ivanka Trump, founded private equity firm Affinity Partners in 2021 - Evan Vucci/AP Donald Trump’s son-in-law, Jared Kushner, is leading a record $55bn (£41bn) takeover of the former Fifa video game maker Electronic Arts (EA). Mr Kushner’s private equity firm, Affinity Partners, has agreed to buy the California-based games studio alongside a consortium including Saudi Arabia’s Public Investment Fund (PIF) and US buyout firm Silver Lake. The takeover is Mr Kushner’s bigg ...

Electronic Arts agreed to sell to a group of private investors that includes Silver Lake Management, Saudi Arabia's Public Investment Fund, and Jared Kushner's Affinity Partners. The deal values the company at $55 billion and is the largest leveraged buyout in history. Bloomberg's Jason Schreier discusses the deal with Caroline Hyde and Ed Ludlow on "Bloomberg Tech." ...

(Bloomberg) -- The biggest buyout on record was negotiated by two of Wall Street’s traditional M&A powerhouses.Goldman Sachs Group Inc. is advising Electronic Arts on its $55 billion sale to a consortium led by Silver Lake Management, which is working with JPMorgan Chase & Co., according to a statement Monday. JPMorgan will also provide $20 billion of debt financing. The transaction will shore up Goldman’s position as the No. 1 merger-and-acquisition adviser, a position it’s held for the past eight years, w ...

Market Analysis by covering: . Read 's Market Analysis on Investing.com ...

Electronic Arts (EA) is in the spotlight Monday after agreeing to be taken private in a historic $55 billion leveraged buyout, marking a transformative moment for the gaming industry. The consortium of buyers led by the Saudi Arabia Public Investment Fund (PIF) will acquire the video game giant behind notable titles like FC and Battlefield at $210 per share. More News from Barchart The transaction – which includes support from Affinity Partners and Silver Lake Partners as well – represents a 25% premium ...

The Wall Street Journal's late Friday afternoon report, detailing the largest leveraged buyout (LBO) ever, which would take Electronic Arts (EA) private by private-equity giants, was confirmed by the video game company on Monday morning.Here is the deal overview for the gaming company that owns EA Sports FC, Madden, and The Sims: Electronic Arts (NASDAQ: EA) entered into a definitive agreement to be acquired by a consortium of Saudi Arabia's PIF, Silver Lake, and Affinity Partners. The transaction values EA ...

, /PRNewswire/ -- The Ademi Firm is investigating EA (Nasdaq: EA) for possible breaches of fiduciary duty and other violations of law in its transaction with a consortium comprising PIF, Silver Lake, and Affinity Partners. Ademi & Fruchter LLP Guri Ademi Toll Free: (866) 264-3995 Fax: (414) 482-8001 SOURCE Ademi LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets Click here to learn how to join our investigation and obtain additional informatio ...

Jaque Silva / NurPhoto / Getty Images Electronic Arts shares jumped as the video game maker agreed to be taken private. Key Takeaways Major U.S. equities indexes climbed in recent trading as tech stocks gained. Electronic Arts agreed to go private in a $55 billion deal with a consortium of investors, sending shares higher. Shares of oil companies lost ground as OPEC+ announced plans to increase oil output. Major U.S. equities climbed in recent trading, with tech stocks helping lift the Dow, S&P 50 ...

Video games just made Wall Street history. Electronic Arts, the maker of Madden, The Sims, EFC, and Battlefield is going private in a $55 billion deal that's set to be the biggest leveraged buyout ever. Here's what's happening.Saudi Arabia's sovereign wealth fund, private equity giant Silverlake, and Jared Kushner's fund, Affinity Partners, are paying $210 per share in cash. EA shareholders get bought out, and the company won't trade on the NASDAQ anymore. Why does this matter to Main Street.For one, it sho ...

Video game maker Electronic Arts announcing a $55 billion deal to go private in what is set to be the largest leverage buyout deal in Wall Street history led by the sovereign wealth fund of Saudi Arabia. Steve Kobach has more in today's tech check. Steve.Yeah, this is a big one because I really wanted to look Sarah into the Saudi public investment fund and all the money it's been spending on gaming as it's been pushing over the years to build a video game juggernaut. It's encompassing everything from the ho ...