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1557519838251801000
Fri, 2019-05-10 23:25
MUMBAI: Hamleys, the world’s oldest toy retailer, is set to pass from Chinese to Indian control after Reliance Industries said it had agreed to buy the British high street icon.
Through its Reliance Brands subsidiary, the conglomerate said it signed an agreement to buy the 250-year-old chain from Hong Kong-listed C Banner International Holdings.
On Friday, C Banner stock was suspended from trading pending an announcement.
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via Latest News of Dubai
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