Toys"R"Us acquires majority stake in existing retail business operations throughout Southeast Asia and Greater China
Clients Toys "R" Us, Inc.
Jones Day advised Toys "R" Us, Inc., the largest global retailer of toys and juvenile products, in connection with the acquisition of a 70% interest in the Asia-based Toys "R" Us business operated by Hong Kong-based conglomerate Li & Fung.
Jones Day also advised on a second acquisition of a 30% interest in the Asia-based Stride Rite business operated by Li & Fung.
The Toys "R" Us Asia-based business includes approximately 80 retail outlets in China, Hong Kong, Singapore, Thailand, Taiwan and Malaysia. Toys "R" Us, Inc. is owned by its private equity sponsors, KKR, Bain Capital and Vornado Realty.