Electronic Arts expects its acquisition by a consortium led by Saudi Arabia's Public Investment Fund (PIF) to close on August 4th 2026, after receiving all required regulatory approvals. Once completed, PIF will own 93.4% of Electronic Arts. The company now expects the merger to be completed on or about the close of trading on August 4th, subject to the remaining customary closing conditions outlined in the merger agreement. The acquisition was first announced on September 28th 2025, when EA entered into a merger agreement with Oak-Eagle AcquireCo and Oak-Eagle MergerCo, entities established for the transaction. The acquisition is expected to become the largest leveraged buyout completed to date and marks another step in PIF's plans to expand Saudi Arabia's presence in the global games industry.