Nursery Today magazine

Toys R Us buyers face £120m price tag

Reports suggest potential buyer of the troubled toy retailer would need to stump up £120m to meet payment deadlines and overhaul UK operation

Potential buyers of Toys R Us's UK operation would face a price tag of around £120m, according to recent reports in The Telegraph.

The news outlet's sources say an immediate cash injection of £50m would be needed to pay the group of bank lenders that have given aid to its parent company in the US by the end of the month.

A further £70m would be needed to get Toys R Us's proposed five-year plan underway as it aims to tackle its main competition in the UK - largely Amazon and Argos. The money would pay for a revamp of its stores and help the retailer offer more competitive pricing.

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