Party correct. Ethanol itself does not harm the engine, it's the water that it absorbs from the atmosphere that causes the damage.I think ethanol increases corrosion in the engine.
I think India won't be able to wean off oil dependent. That's why I think those gulf states will lean towards India than china in the future as china already goes massive electrification and increased import from power of Siberia 1 and 2 while all gulf state except UAE failed to diversified.About 3% to 6% reduction in mileage at 20% ethanol and India is pushing for 27% ethanol by 2030. Government gets all the savings and consumer gets to buy extra fuel at the same price.
They are also gonna own the Battlefield series. Would they make one game with an Arab-centric plot?
Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private
Videogame maker is in advanced talks to go private in a roughly $50 billion deal that would likely be the largest leveraged buyout of all time, according to people familiar with the matter.
A group of investors including private-equity firm Silver Lake, Saudi Arabia’s Public Investment Fund and Jared Kushner’s investment firm Affinity Partners could unveil a deal for the publisher best known for its sports games as soon as next week, the people said.
EA has long made games including FIFA, the soccer videogame now known as FC, and the football game Madden NFL as well as The Sims and other titles.
The California-based company had a market value of around $43 billion before The Wall Street Journal reported on the talks, which sent the stock up nearly 15% Friday. Its shares closed at $193.35, a record high, giving the company a market value of around $48 billion.
Discussions on price are still under way, but the deal could value EA at as much as $50 billion, two of the people said.
Assuming a deal comes together, it is likely to rank as the largest leveraged buyout ever, not adjusting for inflation. The largest to date was the 2007 purchase of Texas utility TXU by a group of private-equity firms for around $32 billion, which doesn’t include assumed debt, according to Dealogic.
TLDR: Arabs are gonna own EA meaning they will own FIFA and the Sims.
Battlefield 2 already exists with the Middle Eastern Coalition [MEC].They are also gonna own the Battlefield series. Would they make one game with an Arab-centric plot?
Would this mean, there will be a new dlc for sims 4 with the new profession of explosives engineer, if not, then I am not interested in this news.
Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private
Videogame maker is in advanced talks to go private in a roughly $50 billion deal that would likely be the largest leveraged buyout of all time, according to people familiar with the matter.
A group of investors including private-equity firm Silver Lake, Saudi Arabia’s Public Investment Fund and Jared Kushner’s investment firm Affinity Partners could unveil a deal for the publisher best known for its sports games as soon as next week, the people said.
EA has long made games including FIFA, the soccer videogame now known as FC, and the football game Madden NFL as well as The Sims and other titles.
The California-based company had a market value of around $43 billion before The Wall Street Journal reported on the talks, which sent the stock up nearly 15% Friday. Its shares closed at $193.35, a record high, giving the company a market value of around $48 billion.
Discussions on price are still under way, but the deal could value EA at as much as $50 billion, two of the people said.
Assuming a deal comes together, it is likely to rank as the largest leveraged buyout ever, not adjusting for inflation. The largest to date was the 2007 purchase of Texas utility TXU by a group of private-equity firms for around $32 billion, which doesn’t include assumed debt, according to Dealogic.
TLDR: Arabs are gonna own EA meaning they will own FIFA and the Sims.