YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Richest man in Asia buys British toy-store chain

Posted online

Mukesh Ambani, the richest man in Asia, agreed to buy 259-year-old British toy-store chain Hamleys.

Ambani's Reliance Brands Ltd. entered a deal to purchase the chain for $88.5 million in cash from C.Banner International Holdings Ltd.

Reliance already operates 88 Hamleys franchises in India.

Read more from Bloomberg.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: LeDoux’s Furniture and Whatnots

LeDoux’s Furniture and Whatnots opened on Commercial Street; Soapbox Studios LLC launched; and Day One Fitness LLC opened its first location.

Most Read
SBJ.net Poll
Do you plan to grow your workforce in 2025?

*

View results

Update cookies preferences