this post was submitted on 29 Sep 2025
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It's official: EA is going private. (bsky.app)
submitted 9 hours ago by ampersandrew@lemmy.world to c/games@lemmy.world
100 comments fedilink hide all child comments
 

In a deal involving a company owned by Jared Kushner, a company that is basically just the Saudis, and $20B of debt.

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[–] someguy3@lemmy.world 7 points 8 hours ago* (last edited 8 hours ago)

Wow did not see this coming. Saudi Arabia is desperate to diversify so from that angle it makes sense. Kushner wants in lol. That's a big buyout though. Well, things are going to get weird.

From the articles linked elsewhere this is between PIF (Saudi Arabia), Silver lake (American), and affinity partners (Jared kushner)

From wiki about affinity partners:

Kushner's firm received commitments of more than $3 billion by the end of 2021 to invest in American and Israeli companies that are expanding in India, Africa, the Middle East and other parts of Asia. The largest investor by some margin is the Saudi government's sovereign wealth fund, the Public Investment Fund, which has allocated $2bn of its nearly with Kushner stating that he hopes to open an "investment corridor between Saudi Arabia and Israel",[2][3] seen internationally as a "sign of warming ties between two historic rivals".[4] Officials who headed the Public Investment Fund objected to investing in Kushner's firm, but Saudi ruler Mohammed bin Salman overruled those officials.[5]