India’s richest man buys Hamleys toy stores

  • Through its Reliance Brands subsidiary, the conglomerate said it signed an agreement to buy, Hamleys, the 250-year-old chain from Hong Kong-listed C Banner International Holdings
  • The acquisition by Reliance Industries, owned by India’s richest man Mukesh Ambani, marks the conglomerate’s first foray in an overseas retail brand
By Reuters ·