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Report: Six bidders interested in GAME's UK arm

News by Johnny Cullen Contributor

Published on March 22, 2012

At least six bidders are interested in taking over the UK arm of GAME, according to a Retail Week report.

The report (via MCV) quips GameStop as top of the list, but also mentions Hilco and OpCapita as potential suiters.

The US retailer had been rumoured for a takeover in regards to the retailer, but Comet owner OpCapita had placed a bit for the UK shop. That was turned down by its lenders, including the RBS.

MCV's reporting a bid from GameStop is being held by a fear a takeover it could own too many stores in France. GAME has 200 stores under its control in the country, while the GameStop-controlled Micromania has 300 stores.

Bringing the two chains under one umbrella would mean a similar situation to GAME-GameStation in the UK.

GAME entered into administration yesterday morning. An administrator is due to be announced today.