Thursday, March 17, 2005

Toys R Us 'to be sold for $5.7bn'

BBC

US retailer Toys R Us is to be sold to a consortium of private equity firms for $5.7bn (£3bn), the Wall St Journal has reported.
The consortium comprises Kohlberg Kravis Roberts (KKR), Bain Capital and Vornado Realty Trust with each business owning an equal stake, the paper said.

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