SCi has received three bids, says report

Eidos parent the SCi Group has received two further bids after disclosing that it had received a ‘possible offer’ at the beginning of September.

According to The Times, the original “extremely preliminary” bid came from Ubisoft, but that has been followed by solid interest from Time Warner – which already owns a ten per cent stake in SCi – and an unnamed Chinese company.

SCi shares rose by five per cent on Friday amid City speculation about further bids, which took the company’s stock to 3493⁄4p and valued the firm at about £300 million.