Saudi Plans for Video-Game Hub Grow With $55 Billion EA Deal

Saudi Arabia is accelerating plans to transform itself into a hub for gamers with its blockbuster deal to take Electronic Arts Inc. private.

In addition to an existing $5 billion equity stake it is rolling over into the new entity, the kingdom’s Public Investment Fund is providing more fresh capital than partners Silver Lake Management and Jared Kushner’s Affinity Partners to buy out the other public investors, according to people familiar with the matter.

That’s made it the largest contributor to the $36 billion in equity being put in to finance the deal, the people said, asking not to ...