Lara Croft To Be Bought By Luxury Soap Maker

Charles Denton, the former chief executive of luxury soap maker Molton Brown, is building a stake in troubled computer games group SCi Entertainment with a view to pushing for management change or even considering a takeover bid.

SCi, which produces the popular Lara Croft games, saw its shares halve in value last week after revealing that takeover talks had collapsed and indicating that it was running out of cash.

SCi management has come under fire for performing so badly despite booming sales of games consoles such as the Nintendo Wii and Sony PlayStation 3.

A source said Mr Denton believes that SCi is undervalued and, while he is keen to keep his options open, he might try to secure a seat on the SCi board and restructure the company.

Via Telegraph