Saudi Public Investment Fund to hold 93% of Electronic Arts

A new filing reveals that the Saudi Public Investment Fund will hold roughly 93.4% of all outstanding EA shares. This comes after it backed a $55 billion deal for EA in September, but the level of ownership tied to that deal was not known until now.

This level of ownership would make the Public Investment Fund the overwhelming controlling entity. The figure is based on the equity structure used to finance the transaction, although the filing does not disclose how that 93.4% was calculated.

The same…