A $55 billion takeover of Electronic Arts led by Saudi Arabia’s Public Investment Fund (PIF) has won initial EU antitrust clearance, moving the deal to the next stage of regulatory review. The transaction still faces scrutiny under the EU’s foreign-subsidies regime and U.S. reviews focused on foreign investment and national security issues. The move fits Saudi Arabia’s Vision 2030 push into global gaming and digital entertainment, with PIF also holding stakes in companies including Nintendo and Take-Two Interactive. The development does not involve a direct price-moving mechanism for traditional stocks, commodities or indices.