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Reuters
Wed, June 17, 2026 astatine 11:14 AM CDT 1 min read
BRUSSELS, June 17 (Reuters) - A radical of investors including Saudi Arabia's Public Investment Fund has sought EU antitrust support for its $55 cardinal acquisition of videogame developer Electronic Arts, according to a European Commission filing connected Wednesday.
The Commission, which acts arsenic the EU contention enforcer, acceptable a July 22 deadline for its decision. It tin either clear the woody with oregon without remedies oregon unfastened a full-scale probe if it has superior concerns.
The group, which includes Jared Kushner's Affinity Partners and backstage equity firm Silver Lake, announced the woody for the shaper of "Battlefield" and "Madden NFL" successful September past year.
The PIF, Saudi Arabia's $1 trillion wealthiness fund, is betting connected the enduring worth of blockbuster crippled franchises arsenic the manufacture recovers and the kingdom strives to go a planetary hub for games and sports.
The deal, which is expected to unafraid EU antitrust approval, volition besides request support under EU rules aimed astatine preventing unfair overseas subsidies granted to companies to get rivals.
The radical has yet to question EU clearance nether the bloc's subsidy rules.
(Reporting by Foo Yun Chee. Editing by Mark Potter)
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