Toys “R” Us Inc., the toy retailer owned by Bain Capital LLC, withdrew its plan for an initial public offering after first filing with the U.S. Securities and Exchange Commission almost three years ago.
The 1,500-store toy chain, owned by the private-equity firm founded by Mitt Romney and partners KKR & Co. and Vornado Realty Trust, cited “unfavorable market conditions and the company’s recently announced executive leadership transition.”
