Saudi Arabia’s Public Investment Fund (PIF), Jared Kushner’s Affinity Partners and private equity firm Silver Lake are expected to receive European Union approval for the proposed $55bn acquisition of video game publisher Electronic Arts, according to a report by Reuters.
The report cites unnamed sources familiar with the matter as revealing that the European Commission is expected to approve the transaction, which would rank as the largest leveraged buyout on record, under the bloc’s Foreign S...
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