EA plans to complete the acquisition of its shares and move into private company status next week . The transa

EA plans to complete the acquisition of its shares and move into private company status next week . The transaction is worth $55 billion .

In the documents, the company said it had obtained all necessary permits from regulators, and if the remaining conditions are met, the deal is scheduled to close on August 4, 2026.

The company will be purchased by a consortium led by the Sovereign Fund of Saudi Arabia after which EA will cease trading on the stock exchange and become a private company.

This will be the largest deal of its kind in history, but CEO Andrew Wilson will remain at the helm of EA.

#industry@inyoueyes #game