Toys ‘R’ U.S. may postpone its proposed initial public offering (IPO), Reuters reports. The size of the IPO, to be underwritten by a group of banks led by Goldman Sachs, was expected to be about $800 million.
The shares were to be listed on the New York Stock Exchange, adds New York Post. Toys ‘R’ U.S. was taken private by Kohlberg Kravis Roberts & Company, Bain Capital and Vornado Realty Trust in 2005 for $6.6 billion.
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