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
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.