Economic TimesLean R·
RIL's Hamleys Franchising faces UK strike-off
Reliance Industries' step-down subsidiary Hamleys (Franchising) Ltd is set to be struck off the United Kingdom company register following an application for voluntary strike-off, the Ambani-owned company said in a regulatory filing on Thursday.Reliance had acquired the British toy retailer Hamleys for about Rs 620 crore in an all-cash deal. Reliance Brands completed acquisition of 100 per cent stake of Hamleys Global Holdings (HGHL) through a special purpose vehicle company set up in UK for cas…
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