- Saudi Arabia's sovereign wealth fund is completing the acquisition of Electronic Arts, holding 93.4% of the company, marking one of the largest leveraged buyouts primarily funded by the Saudi fund.
- The Public Investment Fund (PIF) will invest approximately $29 billion in new funds for the $55 billion deal, amidst increasing financial pressure and a projected budget deficit of 5.3% of GDP in 2025.
- This transaction signifies a shift in sovereign wealth fund strategies towards more active control, raising concerns about the financial risks involved given the fund's existing commitments and the volatile oil market.
