Codemasters Plans Stock Market Float

Representatives from stalwart UK publisher Codemasters have revealed plans for the company to float on the London stock exchange. The move could see the company valued at around £100 million ($166), according to consultancy firm Hoare Govett. Amidst a release schedule that often seems to lack focus the fiercely independent company has seen revenues decline by over 10% this year to £35.6 million ($59.1m), with an overall loss of over £7 million ($11.6m).