Allsports and ELC put up for sale

Two of UK venture capital company 3i’s biggest retail investments – Allsports and the Early Learning Centre – are up for sale, a report said today.

The Sunday Telegraph said the Early Learning Centre (ELC) could fetch as much as £80m (€116m) – a sharp improvement on the £29.6m (€42.9m) paid to previous owner John Menzies as part of a management buy-out in September 2001.