31/07/2026
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Saudi Arabia's $55 billion takeover of Electronic Arts will happen next week | News
July 30 — A new Form 8-K filing with the US Securities and Exchange Commission says that Saudi Arabia's takeover of Electronic Arts has green lights across the board, and will be done next week.
More formally, "as of July 30, 2026, all regulatory approvals required to complete the Merger have been obtained," the filing states. "Electronic Arts currently expects the Merger to close on or about the close of trading on August 4, 2026."
The acquisition will take EA private, effectively turning the steering wheel over to Mohammed bin Salman, the crown prince and de facto ruler of Saudi Arabia, chair of the Public Investment Fund, and credibly accused mastermind of the 2018 murder of journalist and Saudi regime critic Jamal Khashoggi.
The impact of that change is already being felt. Some of the biggest Sims 4 content creators quit EA's creator network in 2025 over the buyout; one, Lilsimsie, wrote that "the values represented by the people acquiring EA are fundamentally at odds with what I stand for and support," presumably a reference to the Saudi kingdom's repression of women and the LGBTQ+ community.
Former BioWare lead writer Trick Weekes expressed similar concerns, predicting that "guns and football" games will be fine, but that "gay stuff" and "politics [they're] not going to like" are going to fall by the wayside.
The $55 billion deal is the largest leveraged buyout in history, and financing it will leave EA saddled with $20 billion in debt.
One of the minority backers of the takeover is Affinity Partners, an investment company owned by Jared Kushner, son-in-law of US president Donald Trump, and Trump is also tight with bin Salman. The current chair of the FTC, Andrew Ferguson, is also a very vocal Trump supporter.
—Andy Chalk
(Image credit: Patrick T. Fallon/Bloomberg via Getty Images)