EU Clearance Expected Under Subsidy and Merger Rules
The European Commission is expected to clear the deal after its preliminary review under the bloc’s Foreign Subsidies Regulation ends on July 30, according to a Reuters exclusive citing people familiar with the matter. The deal is also expected to win unconditional EU clearance under separate merger rules when a preliminary antitrust review concludes on July 22. reuters Yahoo Finance headtopics reuters
The FSR review, which the consortium triggered by filing on June 24, was designed to ensure no unfair non-EU subsidies were used to gain a competitive advantage in the acquisition. The antitrust filing was submitted a week earlier, on June 17. finance-monthly reuters reuters
Record-Breaking Buyout Nears Completion
The deal, announced in September 2025, would see PIF, private equity firm Silver Lake, and Jared Kushner’s Affinity Partners take the “Battlefield” and “Madden NFL” maker private at $210 per share. PIF, which already held roughly 10 percent of EA before the announcement, would become the majority owner, with Silver Lake holding a minority stake and Affinity Partners owning about five percent. nytimes wikipedia reuters
The acquisition is financed through approximately $36 billion in equity and $20 billion in debt arranged by JPMorgan. EA shareholders approved the transaction in December 2025. reuters videogameschronicle
Final Steps
With EU approval now expected, the deal is on track to close in line with the consortium’s timeline. The transaction was originally projected to complete in the first quarter of EA’s fiscal year 2027, which began July 1, 2026. The company will remain headquartered in Redwood City, California, under CEO Andrew Wilson. simscommunity wikipedia nytimes