Saudi-led consortium closes $55bn deal to take EA private

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A Saudi-led investment group has completed a $55 billion acquisition of Electronic Arts, one of the world's largest video game companies. The deal moves EA, known for popular titles such as The Sims and EA FC, from public to private ownership. As part of the transaction, the company has taken on a significant debt load. The acquisition marks one of the largest buyouts in the history of the gaming industry.

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