Posts tagged with "Opcapita"

After Financial Crisis GAME to Stock New Release The Witcher 2

After Financial Crisis GAME to Stock New Release The Witcher 2
The prospects for GAME and Gamestation seem to be improving after their financial woes, as Namco Bandai confirm that the high street stores will be supplying newly released game titles. The GAME Group, responsible for both GAME and Gamestation, went into administration in March following poor sales over the Christmas period, leaving the company struggling financially. GAME sold off 277 of its stores and entered administration before being bought... 

GAME stores set to close while OpCapita’s bid breaks down

GAME stores set to close while OpCapita’s bid breaks down
A few days ago it looked like there was hope for GAME Group after OpCapita offered to buy GAME. The news also helped boost its share price, which currently stands at 3.07p, after having started the week at an all time low of 0.5p, However, according to The Guardian, OpCapita’s deal, “appears to have been given the cold shoulder by lenders.” Amid this, GAME has already started sending out letters to customers warning them of store closures.... 

OpCapita Offering to Buy GAME

OpCapita Offering to Buy GAME
Like Zelda’s vision of a boy with a fairy coming from the forest, there is hope on the horizon for the UK specialist games retailer, following reports that OpCapita has made a buyout offer for GAME Group. Once again reported by The Times and later confirmed by MCV, OpCapita, the parent company which owns Comet, has made a complete buyout offer for the group. This buyout offer includes repaying all of the groups suppliers. This includes Sony who,... 
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