The £400m-plus sale of Maplin Electronics, the electronics and gadget retailer, has been pulled as a direct consequence of the downturn on the British high street.
Maplin’s owner, Montagu Private Equity, has called off talks with a trio of private equity buyers and now intends to hold the business, which has 180 stores, for at least another year.
The Sunday Telegraph 16/06/11 Business page 2
