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No buyer yet for GAME Australia

Company's many landlords "pivotal to any continuation"

Administrator PwC has now closed the deadline for expressions of interest in GAME Australia, with no buyer named as yet.

"We've advertised for expressions of interest in the business from interested parties and the deadline for these closed yesterday," PwC partner Kate Warwick told Kotaku.

"Despite the very challenging circumstances facing the retail sector, we have received various expressions of interest for parts of the business, including a number of parties expressing interest in the business as a going concern. We are currently exploring the possibility of achieving a continuity of the business as a going concern with the company's many landlords who appear pivotal to any continuation."

"We are also currently examining the other expressions of interest and we expect to make a decision on the future of the business in the coming days."

A second creditor's meeting is expected to take place June 19.

GAME Australia went into voluntary administration on May 13.

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Rachel Weber avatar
Rachel Weber: Rachel Weber has been with GamesIndustry since 2011 and specialises in news-writing and investigative journalism. She has more than five years of consumer experience, having previously worked for Future Publishing in the UK.
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