Saturday, 11 May 2024

Toys R Us receives Billion dollar bids

Toys R Us, the toy store chain that filed for bankruptcy protection last year received few Billion dollar bids for its Asia Business. The bids are for a majority stake in the company in Asia. With mounting debts, Toys R Us has been shutting down its stores in US and UK. Though the business was weak in US and UK, the Asia business was termed as healthy.

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