The energy-to-telecoms conglomerate picked up Hamleys from C Banner International Holdings.

One of India’s biggest conglomerate Reliance Industries Ltd stated it has acquired British toy retailer Hamleys. In a statement, Reliance Industries stated through its subsidiary Reliance Brands Ltd, that it had signed an agreement to purchase a 100% stake in toy retailer Hamleys from C Banner International Holdings, a Hong Kong-listed company.

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Tags: acquired, British toy retailer, C Banner International Holdings, conglomerate, Hamleys, India, Indian, M&A, mergers and acquisition, Reliance Brands Ltd, Reliance Industries Ltd, stake, toy retailer