Mukesh Ambani's Reliance Industries buys Global Toy Retailer Hamleys


Reliance Industries has acquired British toy retailer Hamleys, the energy-to-telecoms conglomerate from Hong Kong-listed C Banner International Holdings.

Reliance Industries runs the world's biggest single-location crude oil refinery in western India.

Reliance Industries has been gradually transforming itself into a consumer-facing behemoth through its retail and telecoms ventures.

The toy seller runs 167 stores across 18 countries, the majority of which are in India.

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