Putman Investments to acquire Toys'R'Us and Babies'R'Us Canada from Fairfax Financial.

Putman Investments, a Canadian-based, family-owned company, agreed to acquire toys stores Toys'R'Us and Babies'R'Us Canada from Fairfax Financial Holdings, a financial holding company. Financial terms were not disclosed. “Toys'R'Us and Babies'R'Us are extremely strong brands that have been in great hands over the past three years. Since its split from the U.S., we've watched the way in which the company has grown and focused on the Canadian customer. Much has been achieved and we're excited to help to drive the business forward," Doug Putman, Putman Investments Founder.