The EU clears the $55bn Saudi-led buyout of EA under its subsidy rules

The European Commission approved the PIF-led take-private of Electronic Arts under its Foreign Subsidies Regulation, removing one of the last hurdles to the biggest leveraged buyout ever. The European Union has cleared the $55bn takeover of Electronic Arts by a Saudi-led consortium, removing one of the last regulatory hurdles to the largest leveraged buyout in […] This story continues at The Next Web