Australia's ToysRUs ANZ hits over 3-1/2-year high on UK licensing deal
27/10/2021 02:36
** Shares of Toys"R"Us ANZ Ltd TOY.AX jump as much as
13.9% to A$0.205, their highest since Feb. 27, 2018
** The toy distributor signs long-term exclusive licence
agreement with WHP Global, parent co of Toys"R"Us, a U.S-based
clothing retail co
** Under agreement, TOY to run digital and physical retail
commerce for Toys"R"Us and Babies"R"Us in the United Kingdom
urn:newsml:reuters.com:*:nASX6SW0pg
** Stock hits its highest since July 5, 2021
** More than 3.9 mln shares change hands, vs the 30-day
average volume of ~845,000 shares
** TOY stock has more than doubled this year, as of last
close
(Reporting by Harish Sridharan in Bengaluru)
((harish.sridharan@thomsonreuters.com))