All articles tagged with #affinity partners
Democratic Rep. Jamie Raskin launches a sweeping inquiry into Jared Kushner’s dual role as a U.S. envoy and head of Affinity Partners, arguing this conflict of interest could influence U.S. foreign policy, including Ukraine peace efforts; the probe requests documents from the White House and Kushner’s investors, signaling heightened scrutiny of the Trump-era diplomat.
Affinity Partners, linked to Jared Kushner, has withdrawn from Paramount's bid for Warner Bros. Discovery, as the company prepares to reject Paramount's $30-a-share offer, raising questions about the deal's viability and funding sources amid regulatory and strategic considerations.
Electronic Arts (EA) is set to be acquired by a consortium of PIF, Silver Lake, and Affinity Partners for $55 billion in an all-cash deal, representing the largest sponsor take-private investment in history, with EA's stockholders receiving $210 per share, a 25% premium. The deal aims to accelerate EA's growth and innovation in entertainment, with the transaction expected to close in Q1 FY27, subject to regulatory approvals and shareholder consent.
Electronic Arts (EA) is set to be acquired by a consortium of PIF, Silver Lake, and Affinity Partners for $55 billion in an all-cash deal, representing the largest sponsor take-private investment in history, with EA stockholders receiving $210 per share, a 25% premium. The transaction aims to accelerate EA's growth and innovation in entertainment, with the deal expected to close in Q1 FY27 pending regulatory and shareholder approval.
Electronic Arts is set to be acquired by a group of investors including the Public Investment Fund, Silver Lake, and Affinity Partners for $55 billion, in the largest all-cash sponsor buyout in history, with the deal expected to close in Q1 FY27. CEO Andrew Wilson will remain in his role, and the transaction involves a significant increase in PIF's stake in EA.
Jared Kushner's investment firm, Affinity Partners, has raised over $1.2 billion, primarily from foreign sources, including government wealth funds in Saudi Arabia, Qatar, and the United Arab Emirates. The firm has made 10 investments, many of which are in companies based abroad, drawing scrutiny due to potential conflicts of interest, especially as Kushner's father-in-law, Donald Trump, seeks another term as president. Despite ethical concerns, Kushner maintains confidence in his actions and dismisses attacks from Democrats and ethics watchdogs.