Tag Archives: 55bn

It is worth noting that the deal for PIF to acquire EA is yet to be officially approved by the relevant authorities. The consortium also includes Silver Lake and the company Affinity Partners, led by Jared Kushner, US President Donald Trump’s son-in-law. This is not PIF’s first venture in the gaming sector – in fact, it is already heavily involved. …

Goldman Sachs and JPMorgan Chase have landed leading roles in the largest leveraged buyout ever, as Electronic Arts agreed to a $55bn sale to a consortium led by Silver Lake, according to a report by Bloomberg. Goldman is serving as adviser to EA, while JPMorgan is providing $20bn in debt financing and advising Silver Lake. The deal cements Goldman’s position …