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OpCapita to buy GAME's UK business

Investment firm could save up to 333 stores and over 3,000 jobs

Investment firm OpCapita is buying a large portion of specialist retailer The Game Group, keeping open 333 stores and saving 3,100 jobs at the company.

According to a report by the BBC the move has been approved by six banks which are owed a total £85 million, led by Royal Bank of Scotland.

The Game Group officially went into administration last week, closing 277 stores and making 2,107 staff redundant.

According to a separate report by The Telegraph, the deal is only in place for the UK business, with a management team already in place to take control. OpCapita is expected to have bought the company for as little as £1.

Full details of the deal are expected to be announced shortly.

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Matt Martin avatar
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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