Takeover 2

After announcing its $55 billion acquisition of EA in September 2025, the European Union is reportedly set to approve Saudi Arabia’s Public Investment Fund (PIF) purchase at the end of July, according to new reporting from Reuters. As Reuters reported on July 17, people familiar with the deal said Saudi Arabia's PIF will secure the EU's approval under EU subsidy rules. This means that, after the EU completes its preliminary review under its Foreign Subsidies Regulation (FSR) on July 22, the purchase will reportedly be cleared to go through on July 30. All told, the deal is expected to win unco