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Monday, July 11, 2011

Toys R Us IPO now expected in 2012: sources

The sign of the Toys R Us store is seen in a Denver suburb March 15, 2011. REUTERS/Rick Wilking

The sign of the Toys R Us store is considered in a suburb of Denver, March 15, 2011.

Credit: Reuters/Rick Wilking

NEW YORK | Friday, July 8, 2011 11: 18 EDT

NEW YORK (Reuters) - the initial public offering of Toys R Us, the largest retailer of toys in the world, is now planned for 2012, two sources told Reuters.

The company filed for an IPO of 800 million dollars in May 2010. He was considered the public entry in the first half of 2011, but delayed its introduction on the stock market after sales of holiday tarnished. Later, it provided an introduction on the stock exchange in July.

In Toys R Us made by the U.S. Securities Exchange Commission process and review, so technically he could launch an IPO anytime he wants - but it is planned to postpone the offer until next year, one of the sources said.

The sources declined to be named as the information is not public. Toys R Us has refused to comment on.

(Reporting by Dhanya Skariachan and Clare Baldwin;) (Editing by Richard Chang)

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