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Jun 25, 2026
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Saudi PIF Seeks EU Approval for $55B EA Deal

OBBM Network Editorial Staff
June 24, 2026
Saudi Pif Seeks Eu Approval For 55B Ea Deal

A group of investors including Saudi Arabia’s Public Investment Fund has sought EU subsidy approval for its $55 billion acquisition of videogame developer Electronic Arts, a European Commission filing showed on Wednesday.

Deal Review

The deal is also being reviewed separately under the bloc’s merger rules. The Commission, which will assess the deal under its Foreign Subsidies Regulations aimed at preventing unfair non-EU subsidies to companies looking to acquire rivals in the 27-country bloc or taking part in public tenders, set a July 30 deadline for its decision.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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