MDA led Reliance Group completes acquisition of Hamleys (Toys brand) for £67.96 million

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Bourses, Indian conglomerate Mukesh Dhirubhai Ambani owned Reliance group said of having completed acquisition of Hamleys Global Holdings Ltd for cash-consideration of Great Britain (Sterling) Pound £67.96 million.

The filing submitted to the exchange read that, Further to our previous communication dated May 9, 2019 regarding acquisition of Hamleys Global Holdings Limited (“HGHL”), we hereby inform that Reliance Brands Limited, subsidiary of Reliance Industries Limited, has completed acquisition of 100% stake of HGHL through a special purpose vehicle company set up in United Kingdom for cash consideration of GBP 67.96 million.


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