Tag Archives: OpCapita

Mon, Dec 17, 2012 | 10:07 GMT

Comet collapse: all UK stores to close tomorrow as brand hangs in the balance

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Comet will see all of its electronics stores shuttered on December 18th, following the brand’s collapse. Administrator Deloitte published the announcement this morning. Get the details below.

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Mon, Nov 12, 2012 | 10:16 GMT

Game CEO backs OpCapita after Comet collapse, year earnings to hit £20m

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Game is on track to make £20 million in pre-tax earnings for the current financial year, CEO Martyn Gibbs has revealed. Gibbs has also thrown his support behind OpCapita, the group that bought Game when its future hung in the balance last year. The group has just seen the collapse of electronics chain Comet, but Gibbs is still confident in OpCapita’s ability to keep the game retailer afloat.

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Thu, Nov 01, 2012 | 10:05 GMT

Comet retail chain faces administration: 6,000 potentially at risk

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Comet, the UK electronics chain and game retailer is facing administration later today, according to multiple sources. The brand is owned by OpCapita, the same group that recently bailed out GAME.

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Mon, May 14, 2012 | 14:54 BST

GAME Oxford Street faces closure following court order win for landlord

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GAME’s flagship store on Oxford Street in London could be facing closure after the landlord of the premises won a court order last Friday that could see it evict the retailer and drill the locks unless a £100,000 debt is paid, according to The Telegraph.

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Mon, Apr 16, 2012 | 11:00 BST

GAME Iberian arm saved by OpCapita-backed venture

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GAME’s stores in the Iberian region – that’s Spain and Portugal – have been saved by an OpCapita-backed investment company known as Cherrilux Investments.

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Mon, Apr 02, 2012 | 23:53 BST

Stock Market delisting requested by Game

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The GAME Group released  a statement today confirming that it’s asked for its securities to be removed from the stock exchange.

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Mon, Apr 02, 2012 | 10:54 BST

GAME names new CEO after administration exit

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GAME has named its new CEO as ex-employee Martyn Gibbs after exiting administration late yesterday.

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Mon, Apr 02, 2012 | 08:35 BST

GAME sale confirmed, no more stores will close

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UK retailer GAME has been bought, it’s been confirmed, with Baker Acquisitions, a company advised by Comet owner OpCapita, stepping in to save 333 stores and 3,100 jobs.

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Mon, Mar 19, 2012 | 14:56 GMT

GAME Group shares yo-yo as OpCapita bid unravels

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Following news that the OpCapita buyout may not be happening and reports that this week marks the company’s last stand, shares in GAME Group have crashed – and then rebounded again.

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Sun, Mar 18, 2012 | 22:05 GMT

Rumour – GAME OpCapita buyout hopes crushed by reluctant creditors

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The latest business on dit has creditors reluctant to pony up for OpCapita’s buyout of flailing retail chain GAME.

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Wed, Mar 14, 2012 | 16:47 GMT

Report: Comet owner makes GAME bid, share prices go up

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The Times (via MCV) is reporting that Comet owner OpCapita has tabled an offer to take over GAME.

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