Toys ‘R’ Us Anz Limited (AU:TOY) has released an update.
Toys ‘R’ Us ANZ Limited has announced the successful shareholder approval for the allotment of 35 million new ordinary shares, coinciding with the acquisition of the ‘RIOT’ business. These shares are set to be quoted on the ASX under the security code TOY, with the issue date slated for May 21, 2024. This strategic move marks a significant expansion for the renowned toy retailer as it integrates the ‘RIOT’ business into its fold.
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