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LATEST

Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders●Delta Air Lines exits entire market●Peloton delivers first annual net profit ever in 'landmark' financial year●CBN: Loan demand rises as Nigerian banks record fewer defaults in Q2 2026●World's biggest spirits maker pops 6% on $1 billion cost-cutting plan●SoftBank earnings exceed expectations, even without an OpenAI boost. This U.S. chip company saved the day.●Versant raises 2026 outlook on strength of platforms segment and advertising momentum●The Return Of The Repeat Founder: Inside YC’s Growing Class Of Second-Timers●Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders●Delta Air Lines exits entire market●Peloton delivers first annual net profit ever in 'landmark' financial year●CBN: Loan demand rises as Nigerian banks record fewer defaults in Q2 2026●World's biggest spirits maker pops 6% on $1 billion cost-cutting plan●SoftBank earnings exceed expectations, even without an OpenAI boost. This U.S. chip company saved the day.●Versant raises 2026 outlook on strength of platforms segment and advertising momentum●The Return Of The Repeat Founder: Inside YC’s Growing Class Of Second-Timers●

Emerging Markets

Saudi-led group completes $55 billion buyout of gaming giant Electronic Arts

The Rio Times · 1h ago · 🇧🇷 Brazil

Saudi-led group completes $55 billion buyout of gaming giant Electronic Arts

Saudi Arabia · DEALS Key Facts —Deal value: The consortium paid $55 billion all-cash for Electronic Arts, making it the largest leveraged buyout in history. —Buyer consortium: Saudi Arabia’s Public Investment Fund, US private equity firm Silver Lake, and Jared Kushner’s Affinity Partners led the acquisition. —Ownership split: PIF controls roughly 93.4% of EA post-closing, […] The post Saudi-led group completes $55 billion buyout of gaming giant Electronic Arts appeared first on The Rio Times .

Read the full story at The Rio Times →

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