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Saudi-Led Consortium Acquires Video Game Giant EA for $55 Billion

Electronic Arts, known for hits like The Sims, Madden NFL, and Battlefield, has been acquired by a consortium led by Saudi Arabia’s sovereign wealth fund alongside other investors. The transaction, valued at $55 billion, was finalized following the European Union’s regulatory approval. The deal also involved Affinity Partners, a firm managed by Jared Kushner, Donald Trump’s son-in-law.

The Guardian
The Guardian