Online reseller that specialises in secondhand tech will list on Aim
MusicMagpie, the online reseller that specialises in secondhand tech such as smartphones and games consoles, is heading for the stock market in a flotation that will value the business at £208m.
The initial public offering of MusicMagpie, which was founded in Stockport in 2007 and also has operations in the US under the Decluttr brand, is expected to see shareholders enjoy a £95m windfall from selling down their stakes in the business.