Filtered by topic: Public Investment Fund Clear ✕
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… "The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Electronic Arts Inc. of the US by the Public Investment Fund ‘PIF' of Saudi Arabia," the commission announced via a news bulletin on their site dated today, July 23rd. …
Electronic Arts has announced that it has now been fully acquired by Saudi Arabia's PIF Public Investment Fund , Silver Lake, and Affinity Partners known collectively as the 'Consortium' following regulatory approvals in July. …
… Together, we’ll invest boldly, accelerate innovation, and build the next generation of games and experiences for the hundreds of millions of players and fans who inspire us every day.” PIF Deputy Governor and Head of International Investments Turqi Alnowaiser added, “Having been a minority investor… …
… Despite challenges, many analysts expected the acquisition to be cleared soon, as the European Union appeared open to approving the deal between EA and the Public Investment Fund PIF . …
… After months of governmental approval and debate, one of gaming's largest publishers has gone private, co-owned by a combination of private equity companies and the Kingdom of Saudi Arabia's Public Investment Fund. …