Mukesh Ambani-led Reliance Industries is acquiring iconic British toy-maker Hamleys for 67.96 million pounds (around Rs 620 crore) in an all-cash deal..Hamleys is currently owned by Chinese fashion conglomerate C Banner International, which had acquired it for 100 million pounds in 2015..Khaitan & Co and Slaughter and May acted for Reliance Industries..Khaitan & CoPartnerAssociatesCorporateRahul Dutt and Akshay BhargavPrincipal Associate Vinita Choudhury, Senior Associate Shreya Dua and Associate Krishna Shah.RegulatoryMoin Ladha CompetitionAnisha Chand Direct Tax Ritu Shaktawat Indirect TaxDinesh AgarwalPrincipal Associate Mayank JainIntellectual PropertyAdheesh Nargolkar and Shailendra Bhandare.The Slaughter and May London office led the transaction..Slaughter and MayPartnerAssociatesCorporateNilufer Von BismarckFrancesca Harris and Hayden CookeTaxSara LuderJamshed BilimoriaIntellectual PropertyCathy ConnollyRichard McDonnell and Charles MacRaePensions and EmploymentPhil LinnardLucy DuaneReal EstateJane EdwardeBen Redding and Luther Goh-MahCompetition LawClaire Jeffs Sarah Jackson.Hamleys started with a single-store shop, Noah’s Ark, in 1760. It now has 167 stores across 18 countries. Besides the UK, it has stores in China, Germany, Russia, India, South Africa and West Asia, reported ET..To be updated.
Mukesh Ambani-led Reliance Industries is acquiring iconic British toy-maker Hamleys for 67.96 million pounds (around Rs 620 crore) in an all-cash deal..Hamleys is currently owned by Chinese fashion conglomerate C Banner International, which had acquired it for 100 million pounds in 2015..Khaitan & Co and Slaughter and May acted for Reliance Industries..Khaitan & CoPartnerAssociatesCorporateRahul Dutt and Akshay BhargavPrincipal Associate Vinita Choudhury, Senior Associate Shreya Dua and Associate Krishna Shah.RegulatoryMoin Ladha CompetitionAnisha Chand Direct Tax Ritu Shaktawat Indirect TaxDinesh AgarwalPrincipal Associate Mayank JainIntellectual PropertyAdheesh Nargolkar and Shailendra Bhandare.The Slaughter and May London office led the transaction..Slaughter and MayPartnerAssociatesCorporateNilufer Von BismarckFrancesca Harris and Hayden CookeTaxSara LuderJamshed BilimoriaIntellectual PropertyCathy ConnollyRichard McDonnell and Charles MacRaePensions and EmploymentPhil LinnardLucy DuaneReal EstateJane EdwardeBen Redding and Luther Goh-MahCompetition LawClaire Jeffs Sarah Jackson.Hamleys started with a single-store shop, Noah’s Ark, in 1760. It now has 167 stores across 18 countries. Besides the UK, it has stores in China, Germany, Russia, India, South Africa and West Asia, reported ET..To be updated.
