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UK retailer Game to relist on London Stock Exchange next week
UK retailer Game is about to relist on the London Stock Exchange, despite the fact that it nearly went under just two years ago.
June 6, 2014
1 Min Read
Newsbrief: UK retailer Game is about to relist on the London Stock Exchange, despite the fact that it nearly went under just two years ago. The BBC reports that Game will list in June 11 valued at £340 million ($571.5 million), down from the £400 million ($672 million) that it was valued at just last month. The float is expected to raise about £121 million ($203.4 million). How did Game turns its fortunes around? It was a combination of closing nearly half of its stores in the UK, and big sales from Grand Theft Auto V and next-gen consoles.
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