Electronic Arts says its planned $55 billion sale to Saudi Arabia and a group of private equity investors is on track to go through next week. The update follows the company’s statement that every regulatory approval needed for the transaction has now been obtained.
That clears what appeared to be one of the final major hurdles for the deal. With the approval process complete, EA is indicating that the long-expected sale can now move toward closing on the timetable it previously outlined.
The announcement is significant because it gives the clearest signal yet that the ownership change is close to being finalized. For a company as large as Electronic Arts, a transaction of this size typically depends on multiple reviews before it can be completed.
If the closing happens as expected next week, the deal would mark a major moment for EA and for the broader video game business. Based on the company’s latest update, the process has now advanced from regulatory review to the final stage before completion.
