Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.269)

269. 

Which of the following comapny palns to acquired British toy retailer Hamleys?

[A]. Wipro
[B]. Infosys
[C]. Tata Group
[D]. Reliance Industries Ltd

Answer: Option D

Explanation:

Reliance Industries Ltd. (RIL) acquired British toy retailer Hamleys in a all cash deal on May 09, 2019. As per the RIL announcement they have acquired Hamleys in 67.96 million pounds (about Rs. 620 cr). With this announcement Reliance will get hold of hundred percent shares of Hamleys Global Holdings Limited (HGHL). Hamley was owned by Chinese fashion conglomerate C Banner International since 2015.

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