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.

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