Game Group eyes flotation after bumper Christmas

Game Group eyes flotation after bumper Christmas
 

DEMAND for titles to play on Microsoft's Xbox One and Sony's Playstation 4 consoles helped retailer Game Group to chalk up a surge in sales over Christmas.
The bumper festive figures mark a major turnaround for the firm, which fell into administration in 2012 but is now eyeing a stock market listing.
Game could be valued as high as £300 million by an initial public offering (IPO), with the firm understood to be on the verge of naming stockbrokers Canaccord Genuity, HSBC and Liberum Securities to advise it on the flotation.
OpCapita, the turnaround specialist run by American tycoon Henry... read more

 
16 January 2014 in Business, Views: 23
Source: Scotsman
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