Private Equity Springs to Life With Record-Breaking Bid for EA
Maker of Madden NFL and The Sims ditches listing to pursue growth off-grid
Electronic Arts Madden video games for Xbox consoles
Photographer: Jon Cherry/BloombergWelcome to Going Private, I’m Sinead Cruise and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we explore the debt woes that could topple a Hong Kong dynasty, the latest bad news to befall London’s limp IPO market and a timely reminder to retail investors to assess the manager as well as the assets.
But first we look at how flush private equity firms and sovereign wealth partners are taking another blue chip behemoth off the grid. If you’re not already on our list, sign up here. Have feedback? Email us at goingprivate@bloomberg.net