Connect with us

Tech

Videogame maker EA in advanced talks to go private at roughly $50 billion valuation

Published

on

[ad_1]

Electronic Arts, the videogame publisher behind titles such as “FC” and “Battlefield”, is in advanced talks to go private at a valuation of roughly $50 billion, according to sources familiar with the matter.

A group of investors including private equity firm Silver Lake, Saudi Arabia’s PIF and Jared Kushner’s Affinity Partners could unveil a deal for the publisher as soon as next week, the sources said on Friday. If it goes through, the deal would mark the largest ever leveraged buyout in history.

Shares of EA were up more than 15% in afternoon…

[ad_2]

Source link

Continue Reading