The sale, which also includes Babies "R" Us stores in Canada, is expected to close this quarter, the company said.
(Reporting by Ahmed Farhatha; Editing by Arun Koyyur)
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1,543 CAD | +1.27% | +3.84% | +26.24% |
05-03 | RBC Reviews Fairfax Financial's Q1 -- Maintains Outperform, US$1,200 Target | MT |
05-03 | Transcript : Fairfax Financial Holdings Limited, Q1 2024 Earnings Call, May 03, 2024 |
(Reuters) - Toys "R" Us (Canada) Ltd on Friday received U.S. and Canadian court approval to sell itself to Prem Watsa's Fairfax Financial Holdings Limited, the bankrupt toy retailer said in a statement.
The sale, which also includes Babies "R" Us stores in Canada, is expected to close this quarter, the company said.
(Reporting by Ahmed Farhatha; Editing by Arun Koyyur)
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