Electronic Arts shareholders greenlight $55 billion acquisition by Saudi fund

Shareholders of Electronic Arts Inc. have voted in favor of a $55 billion acquisition led by Saudi Arabia's Public Investment Fund. This monumental deal positions Saudi Arabia as a significant player in the global gaming industry. The approval marks a pivotal moment in the ongoing trend of investment in gaming by sovereign wealth funds.

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  • Shareholders of Electronic Arts Inc. have voted in favor of a $55 billion acquisition led by Saudi Arabia’s Public Investment Fund.
  • This monumental deal positions Saudi Arabia as a significant player in the global gaming industry.
  • The approval marks a pivotal moment in the ongoing trend of investment in gaming by sovereign wealth funds.

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