Toys "R" Us said to be in talks to sell Asia unit to Hong Kong's Fung Group

Toys "R" Us said to be in talks to sell Asia unit to Hong Kong's Fung Group

A customer exits from a Toys R Us Inc. retail store in Louisville, Kentucky, U.S., on Monday, Sept. 18, 2017. Photographer: Bloomberg/Bloomberg

Toys “R” Us Inc., the retailer that filed for bankruptcy in North America, is in talks to sell its growing Asian business to its local partner, people with knowledge of the matter said.

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