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
OTC students work with surgical robot to expand skill sets

Surgical tech workers are in high demand, officials say.

Most Read
SBJ.net Poll
Do you plan to make a charitable donation by year's end?

*

View results

Update cookies preferences