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ZURICH (Reuters) -The Swiss National Bank, the Swiss Finance Ministry and the U.S. Treasury Department have reconfirmed they do not target exchange rates for competitive purposes. A joint statement "confirms that foreign exchange market interventions are an important monetary policy instrument for the SNB in ensuring appropriate monetary conditions and thus meeting its statutory mandate with respect to price stability," the SNB said on Monday. The SNB has regularly denied being a currency manipulator after the United States added Switzerland to a list of countries being monitored for unfair currency and trade practice in June. (Reporting by John RevillEditing by Dave Graham)

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(Reuters) -Videogame publisher Electronic Arts said on Monday it has agreed to be taken private by a consortium consisting of private equity firm Silver Lake, Saudi Arabia's Public Investment Fund and Affinity Partners in a $55 billion deal. Under the deal, EA shareholders will receive $210 per share in cash, representing a premium of 25% as of the company's closing share price on September 25 before reports of a deal emerged. The offer comes at a crucial time for Electronic Arts, which is gearing up to launch the highly-anticipated "Battlefield 6" in an industry where gamers stick to proven and recognizable titles. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Sriraj Kalluvila)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)