ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business deals

India's Reliance Industries buys Hamleys of London

Mukesh Ambani-owned conglomerate ventures into retail

A flag flies outside the Hamleys toy shop in London. India's Reliance Industries will acquire the British toy maker.   © Reuters

MUMBAI (Reuters) -- India's Reliance Industries has acquired British toy retailer Hamleys, the energy-to-telecoms conglomerate said on Thursday.

Reliance Industries, which runs the world's biggest single-location crude oil refinery in western India, has been gradually transforming itself into a consumer-facing behemoth through its retail and telecoms ventures.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more