India’s Reliance Industry becomes world’s biggest toy manufacturer

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.

Advertisements


Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

Tags: , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: