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SCi confirms "open offer" talks

SCi has issued a statement confirming it is in talks to effectively sell the company, following weeks of speculation that Time Warner, NBC and various other companies are courting the Lara owner.

"The Board of SCi notes the recent speculation about an equity issue and confirms that it is considering a placing and open offer in the near future," said the firm.

"This fund raising will be to raise the working capital the Company indicated it required at the time of its interim results on 29 February."

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Patrick Garratt avatar

Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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