Toys 'R' Us 'mulling over IPO for US$2 billion Asia unit'
But ongoing US bankruptcy could make a listing on the Hong Kong bourse more complicated and harder to market to investors
Wed, Oct 18, 2017 - 5:50 AM
Toys "R" Us dominates the US$20.7 billion Asia-Pacific market for traditional toys and games, according to consultancy Euromonitor International.
THE STRAITS TIMES FILE PHOTO
TOYS "R" Us Inc, the retailer that filed for bankruptcy in North America, has been exploring options for its growing Asian business including a potential initial public offering, people with knowledge of the matter said.
The US chain and its local joint venture partner,...