Toys-R-Us receives bids of over $1B for Asian business

Discussion in 'Transformers News and Rumors' started by W-P38, Apr 13, 2018.

  1. W-P38, Apr 13, 2018
    #1
    W-P38

    W-P38 Well-Known Member

    Joined:
    Jul 6, 2007
    Posts:
    713
    News Credits:
    4
    Trophy Points:
    257
    Likes:
    +802
    Ebay:
    Last edited: Apr 13, 2018
    • News Credit News Credit x 1
    • Like Like x 1
  2. General Tekno, Apr 13, 2018
    #2
    General Tekno

    General Tekno Lugnut Supremor & Arkivist

    Joined:
    Jun 26, 2006
    Posts:
    11,762
    News Credits:
    242
    Trophy Points:
    382
    Location:
    The Teknodrome
    Likes:
    +5,539
    Can't say I'm surprised; speculation back when the bankruptcy happened was that the Asian branch would get bought. Like the Canadian one it's profitable.
     
  3. deathzero23, Apr 13, 2018
    #3
    deathzero23

    deathzero23 Well-Known Member

    Joined:
    Sep 8, 2010
    Posts:
    4,785
    News Credits:
    3
    Trophy Points:
    262
    Likes:
    +3,509
    Well the last report i heard about the status of TRU Philippines (which is in Asia) is that the rights will be bought a certain Fung business group or something.
     
  4. lake88, Apr 13, 2018
    #4
    lake88

    lake88 Well-Known Member

    Joined:
    Jan 7, 2017
    Posts:
    2,539
    News Credits:
    33
    Trophy Points:
    222
    Likes:
    +3,607
    The TRUs in East and SE Asia, except Japan, is a joint venture between TRU and Fung Group since 1986, so I guess they are just buying out their partner. It's why the TRUs here are seemingly unaffected by recent troubles.
     
    • Like Like x 1