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Announced

Commercial Court Evry has selected a buyer for the French subsidiary of Toys R Us, Cyrus Capital Partners.

Synopsis

Commercial Court Evry has selected a buyer for the French subsidiary of Toys R Us, toys retail chain, Cyrus Capital Partners, one of the creditors of the US parent company Toys R Us. The offer would include the takeover of 44 stores and 1,036 employees, with plans to give Toys R Us a credit line of more than 70m euros, in addition to the sale price, of which more than 50m will be dedicated to inventory financing.

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