Toys R Us Asia receives $1bn offer for 85% of business

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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.

Mark Newbold
Mark Newbold
Exploring the galaxy since 1978, Mark wrote his first fan fiction in '81 and been a presence online since his first webpage Fanta War in 1996. He currently contributes to ILM.com and SkywalkerSound.com, having previously written for Star Wars Insider, StarWars.com, Star Wars Encyclopedia, Build The Millennium Falcon, Starburst Magazine, Geeky Monkey, TV Film Memorabilia and Model and Collectors Mart. He is a four-time Star Wars Celebration Stage host (the only podcaster to have appeared on every Celebration podcast stage since it began in 2015), the Daily Content Manager of Fantha Tracks and the co-host of Making Tracks, Canon Fodder and Start Your Engines on Fantha Tracks Radio.
- Advertisement -
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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.

Mark Newbold
Mark Newbold
Exploring the galaxy since 1978, Mark wrote his first fan fiction in '81 and been a presence online since his first webpage Fanta War in 1996. He currently contributes to ILM.com and SkywalkerSound.com, having previously written for Star Wars Insider, StarWars.com, Star Wars Encyclopedia, Build The Millennium Falcon, Starburst Magazine, Geeky Monkey, TV Film Memorabilia and Model and Collectors Mart. He is a four-time Star Wars Celebration Stage host (the only podcaster to have appeared on every Celebration podcast stage since it began in 2015), the Daily Content Manager of Fantha Tracks and the co-host of Making Tracks, Canon Fodder and Start Your Engines on Fantha Tracks Radio.
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