Saudis seek EU approval for $55 billion EA deal, decision by July 22
Key takeaways
- The Commission, which acts as the EU competition enforcer, set a July 22 deadline for its decision. It can either clear the deal with or without remedies or open a full-scale investigation if it has serious concerns.
- The group, which includes Jared Kushner s Affinity Partners and private equity firm Silver Lake, announced the deal for the maker of "Battlefield" and "Madden NFL" in September last year.
- The PIF, Saudi Arabia s $1 trillion wealth fund, is betting on the enduring value of blockbuster game franchises as the industry recovers and the kingdom strives to become a global hub for games and sports.
Saudis seek EU approval for $55 billion EA deal, decision by July 22 Illustration shows Electronic Arts logo · Reuters Reuters Wed, June 17, 2026 at 11:14 PM GMT+7 1 min read EA BRUSSELS, June 17 (Reuters) - A group of investors including Saudi Arabia s Public Investment Fund has sought EU antitrust approval for its $55 billion acquisition of videogame developer Electronic Arts, according to a European Commission filing on Wednesday.
The Commission, which acts as the EU competition enforcer, set a July 22 deadline for its decision. It can either clear the deal with or without remedies or open a full-scale investigation if it has serious concerns.
The group, which includes Jared Kushner s Affinity Partners and private equity firm Silver Lake, announced the deal for the maker of "Battlefield" and "Madden NFL" in September last year.