Richest Asian Buys Famed British Toy-Store Chain Hamleys

(Bloomberg) — Mukesh Ambani, Asia’s richest man, sealed another deal to expand his retail footprint and add heft in a battle with Amazon.com Inc. and Walmart Inc. in India. Reliance Brands Ltd. agreed to purchase the 259-year-old British toy-store chain Hamleys from C.Banner International Holdings Ltd.


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