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Mt1701d

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Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private​


Videogame maker
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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.
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.
 

E100

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Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private​


Videogame maker
Please, Log in or Register to view URLs content!
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.
Arab soft powa. PMC should be happy about this news.
 

tamsen_ikard

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Citizens of Moldova have started voting in Moscow in the parliamentary elections at the only two polling stations in Russia, located at the embassy and the consular section.

The number of polling stations in the Russian Federation and Transnistria was reduced by Chisinau to prevent Moldovan citizens from voting for the opposition, while it was significantly increased in Europe (301 stations) to count on the votes of the European diaspora.

@DDGeopolitics

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Even if they lose, they will just cancel the election citing russian interference.

Modern day europe is a dictatorship of the pro-US elites.
 

_killuminati_

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trump doesn’t realise the precedent he’s just set, now all countries of the world can force Facebook, meta, twitter etc to localise due to “national security”. How the CIA gonna do their colour revolutions with national security agencies having a kill switch and influence rooms inside every social media organisation?
Most of the world is afraid of USA to pull such measures. America has leverage in most countries - sanctions threat, supporting terrorism, funding opposition parties, etc.
 

duskseeker

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It looks like Marcos' masters in Washington are displeased with how incompetent he is, and seek to replace him with someone more competent. Let's see how the rest of the year looks like. If the protests escalate, you'll know what's going to happen.

Called it if true, VPs dad is also jailed in ICC. Replacing right hand puppet with left hand puppet.
 

Phead128

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Most of the world is afraid of USA to pull such measures. America has leverage in most countries - sanctions threat, supporting terrorism, funding opposition parties, etc.
I think US threatened to sanction UK, Canada, Australia, France etc... if they recognized the State of Palestine as an official country. They still did it anyways, so I think we are beginning to see a slow shift. American leverage has it's limits.
 

Chevalier

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At the UNGA, Jaishankar is ranting about Pakistan and India not being given a permanent seat on the UNSC. Again....

At this rate, what's the point of India staying in the UN? It can't get the UN to hammer Pakistan. It can't get veto powers. Constant complaining had gotten India nowhere. Just leave the UN already.

If India is ready to lead the Global South, it can just create it's in Global South assembly or something. Oh yeah, it had already setup that "Global South Forum". Without China and Pakistan in it off course. I wonder how many people actually remembers it exists.
It’s remarkable to observe from my younger years in customer service that Indian customers and clients and no different the high you go in governance nor caste.


The proud wannabe Kardashians of irans ruling class have finally come around to Chinese weapons to stop themselves from getting killed by Israeli American bought and paid for munitions. I hear tell Egypt has already deployed hongqi Batteries in the Sinai. We may yet see a downed F-35 before the end 9f this decade.

when the topic of China comes up in English speaking discourse, and you’re going to see more and more commentators on twitter referring to China because in its success, the concept of China as it is now is as a foil to western nations. In this way, the concept of China returns to where it was in the Western European psyche pre 1840s, to the China that inspired European humanism they paid small fortunes for porcelain sets of fine China and silks for their chinoiserie.

The corollary to that use of China as a foil or projection of the west’s own darkest part of their psyche is that they will actually do all the things they accuse China of doing from organ harvesting, slave labour and social credit scores (UK digital ID) to now imprisoning dissidents of rival political parties:


The five eyes are becoming more and more fascist as they lose comprehensive power against China,
 

sabiothailand

Junior Member
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It’s remarkable to observe from my younger years in customer service that Indian customers and clients and no different the high you go in governance nor caste.


The proud wannabe Kardashians of irans ruling class have finally come around to Chinese weapons to stop themselves from getting killed by Israeli American bought and paid for munitions. I hear tell Egypt has already deployed hongqi Batteries in the Sinai. We may yet see a downed F-35 before the end 9f this decade.

when the topic of China comes up in English speaking discourse, and you’re going to see more and more commentators on twitter referring to China because in its success, the concept of China as it is now is as a foil to western nations. In this way, the concept of China returns to where it was in the Western European psyche pre 1840s, to the China that inspired European humanism they paid small fortunes for porcelain sets of fine China and silks for their chinoiserie.

The corollary to that use of China as a foil or projection of the west’s own darkest part of their psyche is that they will actually do all the things they accuse China of doing from organ harvesting, slave labour and social credit scores (UK digital ID) to now imprisoning dissidents of rival political parties:


The five eyes are becoming more and more fascist as they lose comprehensive power against China,
So much for the free world......

I remember that around 4 years ago, there was this anti-monarchy pro-"democracy" protests in Thailand. And there were people in Thailand who referred to the UK/France as a 'democracy', which became more laughable as the years went on.

The UK, a monarchy with unelected figures in power is a 'democracy' apparently.
And France is a democracy too, despite the fact that their polices fight riots just like Thai polices do, but somehow we're 'undemocratic' for doing what the western world has always done.
 
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