Reliance Industries in talks to buy British toymaker Hamleys - Moneycontrol
Share:
(Reuters) - Reliance Industries Ltd is in talks to buy British toy store chain Hamleys, business news website Moneycontrol reported on Wednesday citing multiple sources, as the Indian conglomerate seeks to expand its footprint in the consumer space.Reliance Retail, the retail arm of billionaire Mukesh Ambani-owned Reliance Industries, is "aggressively pursuing the deal", the website quoted one of the sources as saying.Due diligence is in advanced stages, the website reported, adding that if the..