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GAME to be sold to Comet owner OpCapita?

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GAME has potential buyers for its UK and foreign branches, a report has suggested.

OpCapita, the company who acquired Comet last year for £2, is said to be interested in the retailer's UK stores, according to The Financial Times (via MCV).

A "synergy" between Comet and GAME is the basis of the buyout, with a suggestion that GAME could move away from being a game-only retailer.

GAME store


Elsewhere, retail restructuring company Hilco is considering GAME's Spanish and Australian assets.

Yesterday, it was revealed that GAME has put itself up for sale after it hired independent advisory group Rothschild to find a buyer.

Last week, CEO Ian Shepherd told senior staff that the retail group, which includes GAME and GameStation, has just two weeks to save itself.

> Everything must go: Is this the death of games retail?

The chain recently announced 35 store closures and that it is going to shut sister website gameplay.co.uk.

GAME recently received lender support to alleviate financial troubles following apparent concern by publisher EA.

The high street retailer's shares plummeted by 90% in 2011, despite £1 billion in annual turnover.

View the Modern Warfare 3 midnight launch at GAME's Oxford Street branch below:

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