The Private Eye View of Electronic Arts' Future Electronic Arts has completed its tumultuous history as a publicly traded company after Saudi Arabia's Public Investment Fund (PIF) confirmed it had acquired the gaming giant in an unprecedented $55 billion leveraged buyout.
This deal, facilitated by $20 billion in debt financing, signals significant changes within EA. With the PIF now holding 93.
4% of shares, it is clear that the Saudi sovereign wealth fund has considerable sway over EA's strategic direction. The level of control raises fundamental questions about accountability and transparency at the company.