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India's richest man just bought the world's oldest toy store

India's richest man just bought the world's oldest toy store May. 11,2019


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India's richest man just bought Britain's most iconic toy store chain.


Reliance, owned by billionaire Mukesh Ambani,


is buying Hamleys from its Chinese owner C Banner International for around £68 million ($88 million).


The deal, announced late on Thursday,


will give Ambani complete control of Hamleys' 167 stores in 18 countries.


Reliance already owns the rights to the brand in India, where it operates 88 Hamleys franchise stores.




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