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Report: Comet parent company interested in GAME’s UK arm

Tuesday, 13th March 2012 08:53 GMT By Johnny Cullen

The Financial Times (via MCV) is reporting this morning that OpCapita, the company who acquired UK electronics consumer Comet for £2 last year, is eyeing up a move for the UK side of GAME.

Retail restructuring company Hilco is thought to be looking at its international arm, as the UK is not of interest to it.

Its been rumoured previously that US retailer GameStop had been a potential buyer of the company, with reports suggesting it was interested in taking over GAME’s Iberian arm, including stores in Spain and Portugal.

GAME was reported to have put itself up for sale yesterday, which was followed by a sharp price drop in shares. Share prices have since rallied back this morning, according to MCV.

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2 Comments

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  1. aseddon130

    they bought Comet for £2? cheap as hell that!

    If Game go less than that i may buy it myself i reckon i could salvage it haha

    #1 2 years ago
  2. silkvg247

    @1 bear in mind they also bought the debt.

    #2 2 years ago