Mukesh Ambani bought the worlds oldest toy company. Which company are we talking about?
Pogo
Hamleys
Landmark
Disney
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India's richest man Mukesh Ambani has bought the iconic British toy retailer Hamleys for an undisclosed sum. Reliance Brands Limited, which is owned by Mr Ambani, said it had signed an agreement to buy the company from China's C Banner International which had acquired it in 2015.
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● Mukesh Ambani bought the world's oldest Toy company Hamleys which is a a China based company with name C banner International.
● The deal was made for 88 million dollars so that Ambani would gain ownership over 167 stores off of these toy companies over 18 countries.
● Buy this deal Reliance company would be the dominant one in toy industry in the world.
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