Electronic Arts Is Said to Near Takeover by Silver Lake, PIF (3)

Electronic Arts Inc., known for popular video-game titles such as Madden NFL and Battlefield, is in talks to be acquired by a group of US investors with backing from Saudi Arabia, according to people with the matter.

EA is speaking to Silver Lake Management, Saudi Arabia’s Public Investment Fund and Jared Kushner’s Affinity Partners about a leveraged buyout that could be the largest ever, the people said, asking not to be identified because the matter is private.

The company could announce a deal as soon as next week, they added. Nothing is finalized and talks could ...