EU gives antritrust approval to the Saudi-led $55 billion takeover of EA

Engadget · 1 min read · business

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The European Commission approved the $55 billion acquisition of Electronic Arts by Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners under antitrust review. The deal still requires foreign subsidy compliance review and U.S. CFIUS approval; if completed, it would be the largest leveraged buyout ever.