Game software tycoon steps in to save Oyster Yachts

British luxury sailing yacht builder Oyster Yachts, which went into liquidation earlier this year, has been bailed out by gaming software entrepreneur Richard Hadida, according to The Daily Telegraph of London.

KPMG was brought in as administrator to find a buyer for the Southampton-based business after it ceased operations last month. It is hoped that with Hadida’s investment, as many as possible of Oyster’s 420 staff will be re-employed.