Business · 1h ago
EU Approves Saudi-Led $55B EA Takeover
The European Union has granted antitrust approval for the Saudi Public Investment Fund's $55 billion acquisition of Electronic Arts. The deal, which still requires other regulatory clearances, would give the sovereign wealth fund control over major gaming franchises like FIFA and Madden. The approval signals EU regulators see no competition concerns in the gaming market.
Meridian48 take
The EU's green light is a procedural step, but the real scrutiny will come from US regulators and concerns over foreign ownership of major entertainment assets.
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EU gives antritrust approval to the Saudi-led $55 billion takeover of EA →
Engadget
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