Maplin put up for sale

High street electronics retailer Maplin has been put up for sale with a price tag of up to £200m.

Montagu Private Equity is understood to have hired accountants PricewaterhouseCoopers (PWC) to handle the sale, which comes after a number of potential bidders approached the buyout firm to snap up the 214-strong chain.

It is thought the business could fetch between £100m and £200m.

Full story - http://www.theguardian.com/business/2014/mar/02/maplin-sale-private-equity