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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.