Electronic Arts (EA), one of the biggest gaming companies in the world, has agreed a deal to sell the company for $55bn (£41bn).

The consortium of buyers include Saudi Arabia’s Public Investment Fund (PIF), Silver Lake and Jared Kushner’s Affinity Partners.

EA is known for making and publishing best-selling games such as EA FC, formerly known as Fifa, The Sims and Mass Effect.

It is understood to be the largest leveraged buyout in history – where a significant amount of the purchase is financed by borrowing money.

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