This content is from: Innovation

Toys R Us To Raise $800M In IPO

Toys R Us intends to raise about $800 million in an initial public offering in April.

Toys R Us intends to raise about $800 million in an initial public offering in April, New York Post reports. The New Jersey-based retailer twice delayed plans for an initial public offering in 2010.

In May 2010, the company filed to raise $800 million in an IPO, which was called off. Toys R Us was taken private by Kohlberg Kravis Roberts, Bain Capital and Vornado Realty Trust in a $6.6 billion transaction in 2005.

Click here for the story from New York Post.

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