Is the Gaming Sector About to Go on a Shopping Spree?
Forty billion pounds. Let that number sink in for a moment. That’s the rumoured price tag for a leveraged buyout of Electronic Arts, a figure that could comfortably buy you a small country or, perhaps more sensibly, a lifetime supply of biscuits. To me, this isn't just another headline designed to get City traders excited. It’s a signal, a rather loud one, that the gaming industry might be on the cusp of a dramatic shake-up.
When a giant like EA is whispered to be going private, it’s like hearing the biggest house on the street is up for sale. Suddenly, everyone starts looking at their own property, wondering what it might be worth. And in the world of gaming, there are plenty of attractive properties with for sale signs just waiting to be hammered into the lawn.