Qilai Shen | Bloomberg | Getty Images
A couple looks at a baby walker at a Toys R Us store in Shanghai, China.
Retailer Toys ‘R’ Us has received multiple bids of more than $1 billion for an 85 percent stake in its Asian business, its lawyer Joshua Sussberg said at a U.S. bankruptcy court hearing on Wednesday.
Sussberg said the company, which is liquidating or selling its operations, is also in advanced discussions with a buyer for its Central European business.
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