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Sunday, 1 April 2012

Will OpCapita Buy Game with Comet Dowry

OpCapita bought Comet Group plc from Kesa for £2, but was given £50m as part of the deal. Given that some Comet stores have Game Group concessions we can see why they (Comet/OpCapita)  wish to keep at least some of Game afloat.

With a £50m dowry and cashflow from Comet trading, will it pay anything for the Game stores it is buying, or will it use its power as a partial landlord to extract a deal?

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