GAME Interested in 45 HMV Stores

UK retailer GAME is interested in buying some of troubled retailer HMV's stores in the UK, according to GII. GAME CEO Martyn Gibbs has confirmed with the Financial Times that his company is in talks with HMV administrators Deloitte about acquiring some of the company's stores in the UK.

"We will constantly review our property portfolio based on what is available," he told The Financial Times. "I would not rule out any stores becoming available, be that through an administration or normal property deals."

GAME is interested in around 45 of HMV's stores, and these stores are apparently in locations where GAME doesn't already have a store nearby, according to GII.

GAME was recently rescued by OpCapita after closing 277 of its stores.

Source: GII

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