Articles about Opcapita

Game chain sold

Retailer rescued by Comet owners

Deloitte in the saddle at Comet, seeking stability - and a buyer

Santa's empty sack could be omen for 6,000+ employees

Ailing Comet at last prayers: Cawing of accountants and VCs fills air

Suppliers wouldn't fill warehouse for Xmas on tick

Why did Comet fail? Hint: It wasn't just the credit insurers

If you can't bark with the big dogs, get off the porch

Comet confesses: The receivers are among us even now

Comet has finally confirmed that administrative receivers will be landing on its door step early next week. It is understood that Deloitte will review the options for the ailing retailer which include selling it as a going concern, scaling it back or liquidating it. A spinner at the chain told The Channel: "Comet Group Limited …

Comet train set for SMASH, staff can only hope to be in right carriage

Penniless Comet's network of UK stores is on the brink of break up as staff enter a "collective consultation" over potential redundancies. In a letter to the electrical chain's workers, administrator Deloitte warned that if it is unable to sell the business as a going concern, it will be forced to flog bits and pieces to …

closed_sign shut down under collapsed liquidation

Taxpayers to cough for Comet staff redundo

Last of stores to close tomorrow

UK gov probes Comet crash: Public, private sectors LOST £257m

But VC will pull £50m from flaming wreckage

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Kesa shells out £50m to offload Comet

Kesa Electricals has coughed £50m to exit its loss-making UK retail arm Comet, with private equity firms Hailey Holdings and Hailey Acquisitions taking on the 248-strong chain. Under the terms of the deal, which is subject to shareholder approval, the buyers – who were advised by private equity house OpCapita – will pay a …

Game goes titsup in Australia

Competition from online retailers has claimed another casualty in the high street with the demise of the australian incarnation of chain store retailer, Game. PricewaterhouseCoopers was yesterday appointed voluntary administrator of the UK-owned gaming company, which has over 500 Australian employees and 92 stores nationally. …

Game Group shares halted, 'no value left' admits board

Retailer Game Group has inched closer to administration after requesting that its shares be suspended from the London Stock Exchange (LSE) as there is "no equity" left in the business. Europe's largest seller of video games, which has 1,300 stores, also revealed it remains locked in discussions with suppliers and lenders over …