A group of investors, including Saudi Arabia’s Public Investment Fund (PIF), is set to get European Union (EU) approval under the bloc’s foreign subsidy rules for its $55 billion acquisition of video game developer Electronic Arts, Reuters reported, citing people familiar with the matter.
The European Commission, the EU’s antitrust watchdog, is expected to clear the transaction following the conclusion of its preliminary review under the Foreign Subsidies Regulation (FSR) on July 30.
The deal is also expected to receive unconditional EU clearance under the bloc’s merger rules when the Commission completes its preliminary review on July 22, the sources said.
According to Argaam data, Electronic Arts signed a definitive agreement in September 2025 to be acquired by a consortium comprising PIF, Silver Lake and Affinity Partners in an all-cash deal valuing the video game company at about $55 billion.
Electronic Arts shareholders approved the $55 billion sale to the consortium in December, endorsing the acquisition at $210 per share.
PIF held 24.8 million Electronic Arts shares, representing a 10% stake, as of March 31, 2026.
A group of investors, including Saudi Arabia’s Public Investment Fund (PIF), is set to get European Union (EU) approval under the bloc’s foreign subsidy rules for its $55 billion acquisition of video game developer Electronic Arts, Reuters reported, citing people familiar with the matter.
The European Commission, the EU’s antitrust watchdog, is expected to clear the transaction following the conclusion of its preliminary review under the Foreign Subsidies Regulation (FSR) on July 30.
The deal is also expected to receive unconditional EU clearance under the bloc’s merger rules when the Commission completes its preliminary review on July 22, the sources said.
According to Argaam data, Electronic Arts signed a definitive agreement in September 2025 to be acquired by a consortium comprising PIF, Silver Lake and Affinity Partners in an all-cash deal valuing the video game company at about $55 billion.
Electronic Arts shareholders approved the $55 billion sale to the consortium in December, endorsing the acquisition at $210 per share.
PIF held 24.8 million Electronic Arts shares, representing a 10% stake, as of March 31, 2026.
