HR Grapevine | Executive Grapevine International Ltd
Administrators have announced that thousands of jobs will be saved as GAME Group has been sold to OpCapita.
The private investment firm has bought 333 of GAME’s UK shops that are still open. In doing so, OpCapita will have inherited £85 million of debt that is owed to six different banks who have all approved the deal.
As well as saving jobs, there is also a possibility that some of those that were made redundant at the retailer’s head office may be re-employed.