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BIG TECH$55B buyout
Saudi PIF, Kushner's Affinity Close $55B EA Buyout
A consortium led by Saudi Arabia's PIF, Silver Lake and Jared Kushner's Affinity Partners completed a $55B take-private of Electronic Arts, financed by a $20B JPMorgan loan -- the largest leveraged buyout on record.
BIG TECH
Saudi-Led Group Closes $55B EA Buyout With Kushner
BIG TECH$55B buyout
Saudi-Led Group Closes $55B EA Buyout With Kushner
Saudi Arabia's Public Investment Fund, Silver Lake and Jared Kushner's Affinity Partners completed the largest leveraged buyout on record, taking Electronic Arts private at $210 a share with $20B borrowed from JPMorgan.