In a move that echoes the best episodes of Dragons Den in the voice of Doctor Evil, Toys R Us have been offered $1bn dollars for 85% of their Asia business.
Indeed, multiple bids north of $1billion have been placed, encouraging news for the ailing company.
Toyworld Mag take a closer look.
Multiple bids of more than $1b have been received for an 85% stake in Toys R Us’ Asian business, according to lawyer Joshua Sussberg.
The company is moving ahead with plans to sell some non-US operations. Toys R Us has said it will try to maintain more profitable locations in Europe and Asia as an on-going business while it liquidates its US and UK operations.