China's C.banner to buy British toy store chain Hamleys

C banner International Holdings

29/10/2015 15:29

Oct 29 (Reuters) - Chinese footwear retailer C.banner 
International Holdings  1028.HK  said it would buy British toy 
store chain Hamleys for 100 million pounds ($153 million) in 
cash. 
    C.banner had announced earlier this week that it was in 
talks with France's Ludendo Groupe to buy Hamleys.  urn:newsml:reuters.com:*:nHKS16jkYp 
  urn:newsml:reuters.com:*:nL3N12M2MY 
($1 = 0.6539 pounds) 
 
 (Reporting By Mamidipudi Soumithri in Bengaluru; Editing by 
Anil D'Silva) 
 ((soumithri.mamidipudi@thomsonreuters.com; within UK +44 20 
7542 1810, outside UK +91 806 749 6837; Reuters Messaging: 
venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)) 
 
Keywords: HAMLEYS M&A/C.BANNER