Confirmed: EA are being sold to investment group led by Saudi Arabia, Silver Lake and Jared Kushner for estimated $55 billion

Update: Well, that escalated quickly. Following rumours over the weekend, EA have confirmed that an investor consortium consisting of Saudi Arabia's Public Investment Fund, equity firm Silver Lake, and Jared Kushner's Affinity Partners have acquired the Battlefield 6 publisher in an all-cash transaction that values EA at around $55 billion. The consortium will buy 100% of EA and take it private, with the PIF rolling in their existing 9.9% stake in the publisher.

EA have put out a press release featuring various hyperbolic remarks from the likes of EA CEO Andrew Wilson, who will stay on in his position. EA will also continue to be based in Redwood City, California. The transaction is expected to close in the first quarter of 2027 - in other words, at some point between January and March, once it has been granted the usual regulatory approvals and voted through by EA's shareholders.