Saudi-Led Consortium Finalizes $55 Billion Acquisition of Electronic Arts

A consortium led by Saudi Arabia's Public Investment Fund has finalized its $55 billion acquisition of Electronic Arts, taking the prominent gaming company private. This move, which will delist EA from the stock market, significantly expands Saudi Arabia's investment in the global gaming industry. It aligns with the nation's strategy to diversify its economy beyond oil, impacting a major publisher known for franchises like Battlefield and EA Sports FC.