Goldman Nabs Biggest-Ever Payday on EA as It Nears Deals Record
Electronic Arts is Goldman’s leading mandate in a year in which it’s worked on about $1.2 trillion of transactions globally, data compiled by Bloomberg show.
Photographer: Patrick T. Fallon/BloombergGoldman Sachs Group Inc.’s biggest-ever M&A payday may be the precursor to the bank’s best year for advisory work.
The US bank will earn $110 million steering video game maker Electronic Arts Inc. through its $55 billion take-private by a group of investors including Saudi Arabia’s sovereign wealth fund, according to a filing. Goldman picked up $10 million of this when the deal — the largest leveraged buyout on record — was announced, the filing shows.