Two more suitors approach SCi

Mon 24 Sep 2007 11:55am GMT / 7:55am EDT / 4:55am PDT

SCi Entertainment has now had three bid approaches this month, according to a report in the The Times

SCi Entertainment has now had three bid approaches this month, according to a report in the Times Online.

Time Warner and an unnamed Chinese company have now shown their interest following earlier confirmation from SCi that an offer had been made from another company, believed to have been French publisher Ubisoft.

Amid speculation, shares in SCi rose by 5 per cent on Friday to 349 3/4p, valuing the company at around GBP 300 million (EUR 430.6m).

Time Warner already owns ten per cent of SCi Entertainment.

About the author

Matt Martin
Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.

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