Electronic Arts, leveraged buyout
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On Monday, an additional Saudi-related Trump deal became public: a $1 billion Trump Plaza project in Jeddah from real estate developer Dar Global, the same company that previously launched a Jeddah Trump Tower. Jared Kushner expressed excitement about the Electronic Arts deal in a statement.
Publisher of Madden, FIFA, NBA and other games sold to Saudi Arabia, Jared Kushner-backed group in possibly the largest leveraged buyout in history.
Video game maker Electronic Arts Inc. is in talks to be taken private by a consortium led by Silver Lake Management, Saudi Arabia’s Public Investment Fund and Jared Kushner’s Affinity Partners, according to people familiar with the matter.