Entries in 'opcapita' (23)

OpCapita to pocket £70m from Comet collapse - report

OpCapita to pocket £70m from Comet collapse - report

The controversy surrounding the collapse GAME-owner OpCapita’s now-defunct retailer Comet has erupted once again.

Ben Parfitt
by Ben Parfitt
on Oct 14th 2013 at 1:45PM in News
UPDATED: GAME paid fees of £3.2m in months following buyout; New stores planned

UPDATED: GAME paid fees of £3.2m in months following buyout; New stores planned

The new-look Game Retail was forced to pay owners OpCapita a significant sum in the months following its buyout despite continuing to post a loss.

Ben Parfitt
by Ben Parfitt
on May 8th 2013 at 9:25AM in News
Vince Cable to investigate OpCapita's handling of Comet collapse

Vince Cable to investigate OpCapita's handling of Comet collapse

The Business Secretary Vince Cable has launched an investigation of the circumstances surrounding OpCapita’s acquisition of Comet and the chain’s subsequent collapse.

Ben Parfitt
by Ben Parfitt
on Dec 18th 2012 at 8:54AM in News
The end comes for Comet as all stores prepare to close doors tomorrow

The end comes for Comet as all stores prepare to close doors tomorrow

Administrator Deloitte has confirmed that all remaining Comet stores will close their doors tomorrow (December 18th).

Ben Parfitt
by Ben Parfitt
on Dec 17th 2012 at 8:53AM in News

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GAME boss Gibbs backs owner OpCapita; Chain on track to make £20m this FY

GAME boss Gibbs backs owner OpCapita; Chain on track to make £20m this FY

Martyn Gibbs has publicly backed Game Retail owners OpCapita following the collapse of Comet.

Ben Parfitt
by Ben Parfitt
on Nov 12th 2012 at 9:44AM in News
GAME could close "handful" of extra stores; New openings also planned

GAME could close "handful" of extra stores; New openings also planned

Retailer Game Retail has confirmed to MCV that a small number of additional store closures are likely to be announced in the near future.

Ben Parfitt
by Ben Parfitt
on Jun 14th 2012 at 1:49PM in News
Baker becomes Game Retail Limited

Baker becomes Game Retail Limited

Game Retail Limited is the UK's new leading High Street video games retailer.

Ben Parfitt
by Ben Parfitt
on Apr 27th 2012 at 5:30PM in News
GAME sells Spanish and Portuguese stores

GAME sells Spanish and Portuguese stores

Another investment vehicle backed by OpCapita has acquired GAME’s Iberian stores in Spain and Portugal, MCV can reveal.

Ben Parfitt
by Ben Parfitt
on Apr 13th 2012 at 3:57PM in News

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Martyn Gibbs is new GAME CEO

Martyn Gibbs is new GAME CEO

Martyn Gibbs has returned to GAME as the firm's new CEO.

Christopher Dring
by Christopher Dring
on Apr 2nd 2012 at 10:12AM in News
OFFICIAL: GAME UK exits administration

OFFICIAL: GAME UK exits administration

Retailer GAME has announced its exit from administration following a successful bid by Comet owners OpCapita.

Ben Parfitt
by Ben Parfitt
on Apr 1st 2012 at 4:17PM in News
GAME is saved as deal is agreed

GAME is saved as deal is agreed

A deal has been agreed that has tonight seen GAME exit administration, MCV believes.

Ben Parfitt
by Ben Parfitt
on Apr 1st 2012 at 12:01AM in News
OpCapita winning eleventh hour deal to buy GAME UK, says Telegraph

OpCapita winning eleventh hour deal to buy GAME UK, says Telegraph

Investment firm OpCapita WILL be the new owner of the UK GAME stores, according to the Telegraph.

Michael French
by Michael French
on Mar 31st 2012 at 9:23PM in News

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Report: New GAME bid from OpCapita; GameStop moves for overseas stores

Report: New GAME bid from OpCapita; GameStop moves for overseas stores

Despite news this morning that a deal to take GAME out of administration is now very close, a new report suggests OpCapita has not yet given up hope.

Ben Parfitt
by Ben Parfitt
on Mar 29th 2012 at 10:12AM in News
Who, if anyone, will buy GAME?

Who, if anyone, will buy GAME?

Leading financial and retail experts are all eyeing up a move for GAME Group. 

Christopher Dring
by Christopher Dring
on Mar 22nd 2012 at 10:12AM in News
OpCapita takeover of GAME all but ruled out

OpCapita takeover of GAME all but ruled out

A source close to Comet owner OpCapita has revealed to MCV that a deal to takeover GAME is now very unlikely.

Ben Parfitt
by Ben Parfitt
on Mar 21st 2012 at 2:56PM in News
RBS urged to act before GAME slips into oblivion

RBS urged to act before GAME slips into oblivion

A source close to OpCapita has told MCV that chief lender RBS must act fast to save GAME before it slips into administration at the weekend.

Ben Parfitt
by Ben Parfitt
on Mar 19th 2012 at 11:00AM in News

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Lenders shun OpCapita's GAME rescue bid

Lenders shun OpCapita's GAME rescue bid

It appears that GAME's chief lenders have thrust the retailer back toward the brink of administration by rejecting the offer tabled by Comet owner OpCapita.

Ben Parfitt
by Ben Parfitt
on Mar 16th 2012 at 9:06PM in News
OpCapita's Comet to cut 1,000 jobs

OpCapita's Comet to cut 1,000 jobs

OpCapita, the company that has tabled an offer to pay off GAME’s lenders, has put 1,000 Comet staff on notice of losing their jobs.

Ben Parfitt
by Ben Parfitt
on Mar 15th 2012 at 12:12PM in News
Analyst questions OpCapita motivations

Analyst questions OpCapita motivations

With a firm offer from OpCapita to acquire GAME Group understood to be on the table, one analyst has questioned the motivations behind the potential deal.

Ben Parfitt
by Ben Parfitt
on Mar 15th 2012 at 10:15AM in News
GAME confirms rescue bid

GAME confirms rescue bid

GAME Group has confirmed that a 'third party' has shown an interest in providing financial support to the stricken retailer.

Christopher Dring
by Christopher Dring
on Mar 14th 2012 at 5:43PM in News
GAME's shares rally on acquisition reports

GAME's shares rally on acquisition reports

GAME’s share price has shot above two pence following reports the retailer is about to be bought.

Christopher Dring
by Christopher Dring
on Mar 14th 2012 at 4:44PM in News
CONFIRMED: OpCapita tables GAME buyout offer

CONFIRMED: OpCapita tables GAME buyout offer

The future of retailer GAME could be on the verge of being secured.

Ben Parfitt
by Ben Parfitt
on Mar 14th 2012 at 4:25PM in News
Hilco and OpCapita linked to GAME acquisition

Hilco and OpCapita linked to GAME acquisition

As stated by MCV yesterday, the widespread belief that GameStop will swoop to acquire part or all of GAME could yet prove wide of the mark.

Ben Parfitt
by Ben Parfitt
on Mar 13th 2012 at 8:34AM in News