OpCapita looks to buy Game Group

Rothschild was summoned to provide strategic advice with respect to the group's future decisions. While the initial proposal only considered a sale of the firm's European assets, it now concerns a sale of 100% of the company's assets.

A complete buyout would put OpCapita in a favorable position if it comes to a debt-to-equity swap.

After plumenting 64% on Monday, Game Group's shares regained momentum on Thursday. Shares opened at £2.20 today and have since risen around 65% in value.

Game Group employs 10,000 people worldwide, including 6,000 in the UK alone. It has a market capitalisation of £11.82m.

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